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Tag: bankruptcy code

  • Bankruptcy code will aid investors: US-India Business Council

    Bankruptcy code will aid investors: US-India Business Council

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    Washington (IANS) The Insolvency and Bankruptcy Code, passed by parliament on Wednesday, will improve the ease of doing business in India for both domestic and global investors, the US-India Business Council (USIBC) said in a statement here. “The Bill is another feather in the cap of the government’s drive to improve the ease of doing…

  • Lok Sabha nod for insolvency and bankruptcy code

    Lok Sabha nod for insolvency and bankruptcy code

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    New Delhi,  (IANS) The Lok Sabha on Thursday gave its nod to the Insolvency and Bankruptcy Code, 2016, that seeks to improve the ease of doing business in the country. The measure seeks to overhaul the laws regulating insolvency amid a surge in bad loans. The bill will now go to the Rajya Sabha for…