Cabinet approves proposal to suspend IBC proceedings for defaults post-March 25 - CNBCTV18 04-Jun-2020

on June 04, 2020

Cabinet approves proposal to suspend IBC proceedings for defaults post-March 25 - CNBCTV18

The union cabinet has cleared the proposal to suspend the insolvency proceedings under the Insolvency & Bankruptcy Code (IBC) for non-performing assets after March 25, the day when the nationwide lockdown started, sources told CNBC-TV18.Get latest Business on…