Some gaps in ILC recommendations on resolution process, say experts

Report seen as unclear on who should pursue cases related to avoidable transactions and improper trading under bankruptcy code

gavel, IBC, Insolvency, bankruptcy, court, judgement, laws

New Delhi
A report by the Insolvency Law Committee (ILC) has said the resolution process of insolvent firms could be expedited by continuing legal action against improper or fraudulent transactions even after

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First Published: Jun 23 2022 | 10:40 AM IST

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