Lok Sabha passes bill to amend Insolvency and Bankruptcy Code - Pragnya IAS Academy - News Analysis

Lok Sabha passes bill to amend Insolvency and Bankruptcy Code.

The passing of the Insolvency and Bankruptcy Code (Amendment) Bill 2017 will make the resolution process more efficient.

The Lok Sabha on Friday passed the Insolvency and Bankruptcy Code (Amendment) Bill 2017, paving the way for tightening loopholes in the existing code and making the resolution process more effective.

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Lok Sabha passes bill to amend Insolvency and Bankruptcy Code.