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Prepp Explains : Insolvency and Bankruptcy Code | Tushant Yadav | #upsc #economy #bankruptcy
The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021 was promulgated on April 4, 2021. It amends the Insolvency and Bankruptcy Code, 2016. Insolvency is a situation where individuals or companies are unable to repay their outstanding debt
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