Public Announcement Under IBC (Insolvency and Bankruptcy Code)
The Insolvency and Bankruptcy Code (IBC) was introduced in India in 2016 to consolidate and streamline the insolvency process, making it quicker and more transparent. One of the essential elements of this process is the public announcement, which plays a critical role in the Corporate Insolvency Resolution Process (CIRP). Public announcements ensure that creditors and … Read more