Insolvency Code all set to kick in: Dhir & Dhir registers maximum IPs

With the phasing out of the SICA, the Government is all set to usher in the new Insolvency & Bankruptcy Code (Code). Several parts of the Code are gradually being notified in a phased manner, and the insolvency resolution process is now in place.

In November, the rules relating to Insolvency Professionals (IPs) and Insolvency Professional Agencies (IPAs) were notified.

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