Understanding the IBC 2016
Understanding the IBC 2016
The speakers had started the webinar defining what IBC, 2016 was for and meant and briefed about how it works in our economy. The introduction of Insolvency and Bankruptcy Code or IBC was given and we were briefed about how this has put several cases of bankruptcy and insolvency on an accelerated track. They went on to explain as to What is IBC and how this fast road to insolvency resolution has taken hold. They also gave us their detailed views on the Ordinance passed by the Central Government in MARCH 2020 regarding IBC in regards to COVID 19 situation.