Insolvency, bankruptcy board aims to check misuse of law
Insolvency & Bankruptcy Board of India (IBBI) has floated a paper to prevent misuse of insolvency law. NEW DELHI: The Insolvency & Bankruptcy Board of India (IBBI) has floated a paper to prevent misuse of insolvency law to settle debt or avoid liability or consolidate companies without regulatory scrutiny. It has highlighted red flags that…
