Lesson 21 Corporate Insolvency Resolution Process , Liquidation and Winding up | CS Executive | SBEC

Описание: Corporate Insolvency Resolution Process | CS Executive | SBEC

The insolvency resolution process (IRP) is a one under the Insolvency and Bankruptcy Code, 2016, where the National Company Law Tribunal (NCLT) initiates a corporate insolvency resolution process (CIRP) when a company defaults on making payment to creditors.
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