Sub-Committee of Insolvency Law Committee recommended IBC pre-pack framework

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..... Sub-Committee of Insolvency Law Committee recommended IBC pre-pack framework
News and Press Release
Dated:- 8-3-2021

The Government constituted a sub-committee of Insolvency Law Committe .....

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..... e (ILC) vide order dated 24th June, 2020 under the chairmanship of Dr. M. S. Sahoo, Chairperson, Insolvency and Bankruptcy Board of India (IBBI) to make recommendation on pre-pack insolvency resolutio .....

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..... n process (PPIRP). This was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs, in a written reply to a question in Lok Sabha today. The sub-committee has re .....

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..... cently submitted its report to the Government, which is available on the website of IBBI (www.ibbi.gov.in), thereby recommending a pre-pack framework within the basic structure of the Insolvency and B .....

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..... ankruptcy Code (IBC), 2016.
News - Press release - PIB .....

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