Edelweiss Asset Reconstruction Company Limited, and held that “once a resolution plan is duly approved under Section 31(1) of the IBC, the debts as provided for in the resolution plan alone shall ...

Therefore, there is no doubt that the timely implementation of the Resolution Plan is also one of the underlying objectives of the IBC, 2016. Importance Of Timely Implementation Of The Resolution ...

Planned amendments, including a creditor-led resolution framework and group insolvency mechanism, aim to keep the IBC dynamic and responsive to evolving business landscapes. ThinkStock Photos ...