{"id":32893,"date":"2018-10-29T17:24:10","date_gmt":"2018-10-29T11:54:10","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=32893"},"modified":"2018-10-29T17:24:10","modified_gmt":"2018-10-29T11:54:10","slug":"economy-individual-insolvency-code-in-phases-sahoo","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/economy-individual-insolvency-code-in-phases-sahoo\/","title":{"rendered":"Economy Individual insolvency code in phases: Sahoo\u00a0"},"content":{"rendered":"<p><strong><a href=\"http:\/\/www.thehindu.com\/business\/individual-insolvency-code-in-phases-sahoo\/article22277296.ece\">Economy Individual insolvency code in phases: Sahoo<\/a>\u00a0<\/strong><\/p>\n<p><strong>Context<\/strong><\/p>\n<p>Steering the \u2018smooth and fast-paced\u2019 journey of the insolvency law, the IBBI is now looking to put in place the regime for individual insolvency in a phased manner, according to its Chairperson M.S. Sahoo.<\/p>\n<p><strong>Guarantors are priority in phase one\u2019<\/strong><\/p>\n<ul>\n<li>About 500 corporates have been admitted for resolution and about 100 companies have commenced voluntary liquidation under the Insolvency and Bankruptcy Code (IBC), which is a little more than a year old.<\/li>\n<li>As it enters 2018, individual insolvency regime and facilitation of corporate insolvency transactions are among the main priorities for the Insolvency and Bankruptcy Board of India.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Economy Individual insolvency code in phases: Sahoo\u00a0 Context Steering the \u2018smooth and fast-paced\u2019 journey of the insolvency law, the IBBI is now looking to put in place the regime for individual insolvency in a phased manner, according to its Chairperson M.S. Sahoo. Guarantors are priority in phase one\u2019 About 500 corporates have been admitted for&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/economy-individual-insolvency-code-in-phases-sahoo\/\">Continue reading <span class=\"screen-reader-text\">Economy Individual insolvency code in phases: Sahoo\u00a0<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-32893","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704951817},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/32893","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=32893"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/32893\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=32893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=32893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=32893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}