News & Media 23rd Jul 2024
In the Union Budget 2024, Hon’ble FM said, “Appropriate changes to the Insolvency and Bankruptcy Code (IBC), reforms and strengthening of tribunals and the appellate tribunal will be initiated to speed up insolvency resolution. Additional tribunals will be established. Out of those, some will be notified to decide cases exclusively under the Companies Act”.
Priyanka Gawande & Neha Joshi’s article in LiveMint, “Budget 2024: Govt. announces measures to speed up insolvency resolution” addresses this concern with detailed comments from our Senior Counsel Mukesh Chand.
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