September 27, 2026
Business

Mint Explainer | IBC’s clean slate: How new law gives firms a true fresh start, voids old debt claims(Soban News)

The amended Insolvency and Bankruptcy Code ensures new investors are not liable for past dues from any creditor, including government agencies, effective from 2016. This aims to boost investments in distressed assets.

​The amended Insolvency and Bankruptcy Code ensures new investors are not liable for past dues from any creditor, including government agencies, effective from 2016. This aims to boost investments in distressed assets. by Soban News (international And National News)

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