The Impact of the Pandemic and Economic Downturn on Corporate Insolvency
The pandemic and economic downturn have affected companies initiating insolvency proceedings under the India Bankruptcy Code (IBC) in various ways: • Increase in Insolvency Cases: Companies are struggling to meet their financial obligations, leading to corporate insolvency. It refers to a situation where a company is unable to meet its financial obligations. • Operational Challenges: […]