nclt chandigarh lawyers and advocates

Move to Nclt Chandigarh for Insolvency

November 25, 2018 by Legalseva.net

The Insolvency and Bankruptcy Code, 2016 (IBC) is the bankruptcy law of India which seeks to consolidate the existing framework by creating a single law for insolvency and bankruptcy. The Insolvency and Bankruptcy Code, 2015 was introduced in Lok Sabha in December 2015. It was passed by Lok Sabha on 5 May 2016 The Code received the assent of the … Read more

Debt Recovery Under Ibc: a Speedy Remedy for Creditors

April 14, 2018 by Legalseva.net

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