The Insolvency and Bankruptcy Code, 2016, is a comprehensive law enacted by the Parliament of India to consolidate the laws relating to insolvency and bankruptcy in India. It provides a time-bound process for resolving insolvency of companies and individuals.
The 'Insolvency and Bankruptcy Code' was introduced to facilitate the resolution of insolvency cases and to improve the ease of doing business in India. In which year was it enacted?
Asked in UPSC Combined Section Officer 2019 20 · Topic: Industrial Sector (Impact of Economic Reforms and Liberalization on Indian Industry)
More Economic Development questions
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