Insolvency and Bankruptcy Code (Second Amendment) Bill Current Affairs, GK & News

Parliament passes Insolvency and Bankruptcy Code (Second Amendment) Bill, 2018

Parliament has passed Insolvency and Bankruptcy Code (Amendment) Bill, 2018 to bring relief to home buyers and Micro, Small and Medium Enterprises (MSMEs). The Bill replaces ordinance promulgated in this regard and amends  Insolvency and Bankruptcy Code, 2016. Key Features of Bill The Bill recognises home buyers as financial creditors in the real estate project ..

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