While Individual defaults are on the rise, What is the law for Individual Insolvency?
INDIVIDUAL INSOLVENCY Everyone is going gaga over the Insolvency and Bankruptcy Code, 2016 (“IBC”) which presently is only meant for Companies and LLPs. The Individual Insolvency provisions under IBC, 2016 are still to be notified and therefore not applicable. A recent Ruling of Bombay High Court wherein it declared the Promoters of a known Developer …
While Individual defaults are on the rise, What is the law for Individual Insolvency? Read More »
