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MSME & IBC1.0

ArticlesNovember 14, 2024444Views0Likes0Comments
MSME & IBC 1.0 : Understanding MSME under the IBC, 2016 By Ms. Shikha Goenka Ginodia, Partner and Mr. Gaurav Suryavanshi, Associate INTRODUCTION: MSME Act. Micro, Small, and Medium Enterprises (MSME) has been the growth engines of New India and government has from time to time, announced special provisions related to this sector.  This sector…

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Section 10 of IBC

ArticlesOctober 12, 2024891Views0Likes0Comments
Section 10 of IBC By Shikha Goenka Ginodia, Partner The Insolvency and Bankruptcy Code, 2016 (IBC), was enacted to streamline insolvency proceedings and ensure timely resolution of corporate distress. However, the COVID-19 pandemic created an extraordinary economic situation, and the Government of India responded with amendments to the IBC, introducing Section 10A. This provision was…

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