4. The Insolvency and Bankruptcy
Code, 2016
The Insolvency and Bankruptcy Code, 2016 (IBC) is the bankruptcy law
of India which seeks to consolidate the existing framework by creating
a single law for insolvency and bankruptcy.
Its key point are:
Insolvency Resolution.
Insolvency Regulator.
Insolvency Professionals.
Bankruptcy and Insolvency Adjudicator
5.
6.
7.
8. Now the Insolvency and Bankruptcy Code (IBC) 2016 is applicable on
whole India including the state of Jammu & Kashmir
Applicability Of the Code