Key highlights of IBC amendment bill 2019 New Bankruptcy Amendments law Essar steel verdict 2019

key highlights of IBC amendment bill 2019| New Bankruptcy Amendments law | Essar steel verdict 2019

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The Insolvency and Bankruptcy Code, 2016 popularly known as IBC was made due the immense legal delay and piling up of cases with regards to commercial bankruptcy. It was made to resolve the issue of non-payment/ insolvency of any company or an individual by giving powers to the creditors to take charge over the assets of the defaulter or opt …