Insolvency & Bankruptcy

The Insolvency and Bankruptcy Code 2016 is very crucial. The main of IBC code 2016 is to make sure the balance between creditors and debtors. This code is very much supporting to creditors and providing them power to recover debt. The code launched the idea of wrongful trading which make director and manager liable. In case there has been any wrongful trading NCLT can come into picture.

Disclaimer

Legalmax is constrained from providing any further information on this web page.The rules of the Bar Council of India prohibit law firms from soliciting work or advertising in any manner. By clicking on ‘I AGREE’, the user acknowledges that:The user wishes to gain more information about Legalmax , its practice areas and its attorneys, for his/her own information and use.The information is made available/provided to the user only on his/her specific request and any information obtained or material downloaded from this website is completely at the user’s volition and any transmission, receipt or use of this site is not intended to, and will not, create any lawyer-client relationship.