Tag: insolvency code

  • Lok Sabha nod for insolvency and bankruptcy code

    Lok Sabha nod for insolvency and bankruptcy code

    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…