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VOL. 10, ISSUE 6 (2024)
CIRP process of insolvency Law
Authors
Abhishek Awasthi
Abstract
The Corporate bankruptcy Resolution Process (CIRP) under the Insolvency
and Bankruptcy Code, 2016 (IBC) is one of India's most significant corporate
bankruptcy reforms. The IBC, the most extreme reform, consolidates and modifies
corporate, partnership, and individual reorganisation and insolvency
legislation within a set timeframe. This research paper's topic is
well-documented in terms of CIRP method, legal framework, and court decision.
This framework evaluates whether it accomplishes its aims, problems it faces,
and potential course corrections to enhance the process. This article analyses
the CIRP to better understand it and its implications on the Indian insolvency
procedure.
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Pages:72-76
How to cite this article:
Abhishek Awasthi "CIRP process of insolvency Law". International Journal of Law, Vol 10, Issue 6, 2024, Pages 72-76
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