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Bankruptcy Code and Regulation for Limited Insolvency Examination: A Step by Step Approach - Softcover

Misra, Dr. Biswa Swarup

 
9781521521328: Bankruptcy Code and Regulation for Limited Insolvency Examination: A Step by Step Approach

Synopsis

Bankruptcy Code is a game changing initiative as it provides a time bound resolution framework for individual and corporates in a country marred with long and tedious process of dealing with default. The Code provides for a new regulator, the Insolvency and Bankruptcy Board of India apart from the required institutional infrastructure comprising resolution professionals, information utilities and Insolvency professional agencies for effective resolution. This Book presents the content in a particular Section of the Code through answers to a logical sequence of questions. It retains as far as possible the original language of the Act in the answers so that the responses are not interpreted out of context. Regulations on different aspects of resolution that has been made by the Insolvency and Bankruptcy Board has also been covered in the Book. The Book uses flow diagrams wherever required so as to get an overview of the important processes associated with insolvency resolution as provided in the Bankruptcy Code. The Book is a must for professionals who plan to appear in the Limited Insolvency Examination conduced by the Insolvency and Bankruptcy Board of India.

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