Latest IBC Amendment Bill News & Updates

Union Cabinet Approves Amendments to Insolvency and Bankruptcy Code

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New Delhi, March 10 (IANS) The Union Cabinet has given its approval for amendments to the Insolvency and Bankruptcy Code, potentially clearing the way to introduce the IBC Amendment Bill in the ongoing parliamentary session, according to sources.The proposed legislative updates are based on the recommendations of a Select Parliamentary Committee chaired by Bharatiya Janata Party MP Baijayant Panda.The committee was tasked with reviewing the current bankruptcy framework. Upon completion, the comm…