IBC ordinance: IRPs seek extension of deadline to resolve insolvency cases
IRPs will approach Insolvency and Bankruptcy Board of India (IBBI) for leeway in the amended Insolvency and Bankruptcy Code (IBC) for genuine insolvency cases
Mumbai: Resolution professionals are seeking an extension to the 270-day deadline to resolve insolvency cases after the IBC ordinance tightened eligibility criteria for bidders of large NPA accounts.
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