Tag: IBC

Business

Debts related to Covid-19 to be excluded from default under IBC: FM Sitharaman

Debts associated to the coronavirus pandemic won’t be included in default class below the Insolvency and Bankruptcy Code (IBC) for one 12 months, Union finance minister Nirmala Sitharaman stated as … Read More

Covid 19: Govt notifies exclusion of the lockdown period from insolvency and liquidation processes
Business

Covid 19: Govt notifies exclusion of the lockdown period from insolvency and liquidation processes

The authorities has issued two orders that exclude the lockdown interval due to the Covid-19 outbreak from any company insolvency decision or liquidation processes, the notifications issued on Friday stated. … Read More