Certificate Course on Insolvency Bankruptcy Code INSOLVENCY AND BANKRUPTCY CODE The Insolvency and Bankruptcy Code, 2016 (IBC) was enacted and came into force with effect from 28 th May, 2016. IBC is a landmark piece of legislation which intends to resolve distress in the companies. India had numerous acts in place to punish the defaulters like the Indian Contract Act, the Recovery of debts due to Banks and Financial Institution Act 1993, the Securitizations and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, the Sick Industrial Companies (Special Provisions) Act, 1985 (SICA). The Government decided to replace the existing insolvency laws with new stringent laws which would to take care of the existing defaulters in a time bound manner with the objective of balancing interest of stake holders Insolvency Professional Agency Of Institute Of Cost Accountants is a Section 8 Company Act 2013 promoted by Institute of Cost Accountants of India. We are Frontline Regulators with Insolvency and Bankruptcy Board of India our key responsibility is to enrol and regulate INSOLVENCY PROFESSIONALS, as its members in accordance with Insolvency and Bankruptcy Code. Contact Us Address: CMA Bhawan 3, Institutional Area, Lodhi Road, New Delhi – 110003 Phone no: 01124666113 , 8826750072 Email Id: [email protected]INSOLVENCY PROFESSIONAL AGENCY OF INSTITUTE OF COST ACCOUNTANTS OF INDIA About Us
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Certificate Course on Insolvency Bankruptcy Code · 2020. 3. 18. · Certificate Course on Insolvency Bankruptcy Code INSOLVENCY AND BANKRUPTCY CODE The Insolvency and Bankruptcy
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Certificate Course onInsolvency Bankruptcy Code
INSOLVENCY AND BANKRUPTCY CODE
The Insolvency and Bankruptcy Code,
2016 (IBC) was enacted and came into
force with effect from 28th May, 2016.
IBC is a landmark piece of legislation
which intends to resolve distress in the
companies. India had numerous acts in
place to punish the defaulters like the
Indian Contract Act, the Recovery of
debts due to Banks and Financial
Institution Act 1993, the Securitizations
and Reconstruction of Financial Assets
and Enforcement of Security Interest
Act, 2002, the Sick Industrial Companies
(Special Provisions) Act, 1985 (SICA).
The Government decided to replace the
existing insolvency laws with new
stringent laws which would to take care
of the existing defaulters in a time
bound manner with the objective of
balancing interest of stake holders
Insolvency Professional Agency Of Institute Of Cost
Accountants is a Section 8 Company Act 2013
promoted by Institute of Cost Accountants of India.
We are Frontline Regulators with Insolvency and
Bankruptcy Board of India our key responsibility is