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The Insolvency and Bankruptcy Code passed by the Parliament is a welcome overhaul of the existing framework dealing with insolvency of corporate, individuals, partnerships and other entities. Examine the impact of the Bankruptcy Act on the various stakeholders.


Question:

The Insolvency and Bankruptcy Code passed by the Parliament is a welcome overhaul of the existing framework dealing with insolvency of corporate, individuals, partnerships and other entities. Examine the impact of the Bankruptcy Act on the various stakeholders.


 

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