After Lok Sabha, the upper house of Parliament, Rajya Sabha also cleared the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020. The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2019 was promulgated on December 28, 2019. The Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019 (similar to the Ordinance) was introduced in Lok Sabha on December […]
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