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Insolvency and Bankruptcy Code (Amendment Bill), 2021

  Sep 16, 2021

Insolvency and Bankruptcy Code (Amendment Bill), 2021

Q  Why is it in News ? 

A Recently, the government introduced the Insolvency and Bankruptcy Code (Amendment Bill), 2021 in the Lok Sabha.

Q What is Insolvency and Bankruptcy Code ? 

Q What are major provisions of Amendment Bill ?

Q What is Pre-packaged Insolvency Resolution Process (PIRP)? 

A

Q What is Need of Pre-Packs ? 

Q What are key features of Pre-Packs ? 

Q  What are Benefits of Pre-Packs ? 

Q What are challenges of PIRP ? 

A 

Q What can be Way Forward ?