Debt Recovery Under Ibc: a Speedy Remedy for Creditors
With the enactment of Insolvency and Bankruptcy Code, 2016 (IBC), the process of recovery of a debt owed by a Corporate entity towards any person or entity has become easier and time bound. IBC provides for a specialized mechanism and forum for recovery of corporate debt for an amount as low as Rs. 1 Lakh. … Read more