Voluntary Liquidation Under IBC: Meaning & Complete Liquidation Process
Ancoraa Resolution04 Jul, 2023Finance
Additionally, a whopping 56% of all bad debt is accounted for by corporations. To simplify and ease the procedure, the Insolvency and Bankruptcy Code, 2016 (IBC) was implemented. This article will coverSection 59 of the IBC, which deals with the voluntary liquidation of corporate entities.
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