09-May-2024
Commercial Laws
 
Companies Act tweak, IBC among MCA’s 100-day plan
27-Apr-2024

The ministry of corporate affairs (MCA) has chalked out a plan for the first 100 days of the new government to assume office after the elections. Besides a clutch of changes to the Insolvency and Bankruptcy Code (IBC) aimed at expediting the resolutions and expanding the ambit of the mechanism, the action plan includes streamlining of the existing rules under the Companies Act, 2013 and bolstering the National Company Law Tribunal (NCLT).

News Source:- https://www.financialexpress.com/business/industry-companies-act-tweak-ibc-among-mcas-100-day-plan-3469855/
 
 
 

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