15 KEY DEVELOPMENTS IN THE INSOLVENCY & BANKRUPTCY CODE 2016, IN THE YEAR 2019
Indian Legislature enacted the Insolvency and Bankruptcy Code, 2016 (“Code”) to tackle the persistent problem of bad debts affecting Indian financial institutions and trade creditors Since its inception, the Code has undergone several amendments. As 2019 has drawn to an end, we have highlighted 15 significant developments in the field of insolvency law in India in the year 2019.