BREAKING NEWS
Farmer dies after mistaking pesticide for cough syrup in Tumakuru
Bumrah’s twin strikes leaves Australia at 104/3
‘Garibi Hatao’ biggest ‘jumla’ in India’s history: PM Modi in Lok Sabha
Is Adani unparliamentary word: Priyanka Gandhi on words expunged from her maiden speech
Our govt strengthening Constitution, Congress repeatedly wounded it after tasting blood: PM Modi
Gujarat Shocker! Man chops off four fingers to avoid working as computer operator in kin’s firm!
Raj Kapoor @100: Films that defined the career of Indian cinema’s showman
SWIFT City in Sarjapura next in pipeline for Bengaluru: Karnataka Minister
Tea: No play possible as rain persists at the Gabba
BJP veteran Advani admitted to hospital, condition stable
BC Road: Clash between two groups near Parlia, Police register separate cases
Champions Trophy: ICC to finalise hybrid model with PCB chief on Dec 14
Pushpa 2 screening death case: Allu Arjun walks out after spending night in jail
Rain brings early lunch as Australia reach 28 for no loss vs India
‘Shoot them down’: Donald Trump on mystery drone sightings
LS passes amendments to insolvency and bankruptcy code
PTI, Aug 1, 2019, 4:39 PM IST
New Delhi: Lok Sabha on Thursday passed amendments to the Insolvency and Bankruptcy Code, with the government asserting that the spirit behind the law is not to allow companies to die.
Rajya Sabha has already passed the bill and with its passage in the lower house, the Insolvency and Bankruptcy Code is set to be amended.
Responding to the debate on the bill, Finance and Corporate Affairs Minister Nirmala Sitharaman said the liquidation of a company is not the sole agenda of the Insolvency and Bankruptcy Code.
As many as seven sections of the Code are to be amended. Once the Corporate Insolvency Resolution Process (CIRP) begins, it has to be completed in 330 days, including litigation stages and judicial process, the minister said, citing proposed amendments.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
AAP releases final candidates’ list for Delhi polls: Kejriwal to contest from New Delhi, Atishi from Kalkaji
Centre, Chhattisgarh committed to end Naxalism in state by March 2026: Amit Shah
BJP govt in Rajasthan completes 1st year in office, lists several achievements
PM Modi invokes Nehru to distract nation’s attention from his own ‘failures’: Cong
Politicians remain glorified daily wagers: Omar’s advice to sons
MUST WATCH
Latest Additions
AAP releases final candidates’ list for Delhi polls: Kejriwal to contest from New Delhi, Atishi from Kalkaji
Centre, Chhattisgarh committed to end Naxalism in state by March 2026: Amit Shah
Centre, Chhattisgarh committed to end Naxalism in state by March 2026: Amit Shah
BJP govt in Rajasthan completes 1st year in office, lists several achievements
PM Modi invokes Nehru to distract nation’s attention from his own ‘failures’: Cong
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.