Friday, September 25, 2020

Govt. extends suspension of Fresh Proceedings under IBC Law for 3 months [Read Notification]

The government has extended the suspension of insolvency proceedings for any COVID-19 related default by a period of three months, effective from September 25. The Insolvency & Bankruptcy Code (IBC) was suspended for a period of six months with effect from March 25, 2020, by the government earlier, to protect those experiencing financial distress on […]

from Taxscan | Simplifying Tax Laws https://ift.tt/3kEvUzU

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