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Impact of COVID-19 on Proceedings under The Insolvency And Bankruptcy Code, 2016

– Rajat Sethi and Tanya Aggarwal
The article analyses the measures introduced by the Union government, with regards to the Insolvency Code, during the COVID-19 pandemic, and how it will impact various stakeholders. It also proposes for enhancing the efficiency of existing out-of-court and in-court restructuring mechanisms and for building new mechanisms like, pre-packaged insolvency resolution process.

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