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Economy

Cabinet clears amendments to insolvency law

Updated : December 11, 2019 07:50 PM IST

The IBC (Second Amendment) Bill, 2019, seeks to change various sections as well as insert a new section in the law
There would be ring-fencing of corporate debtor resolved under the IBC in favour of a successful resolution applicant from criminal proceedings against offences committed by previous management
Cabinet clears amendments to insolvency law

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