Benefits of Insolvency and Bankruptcy Code 2016
How does one handle financial distress and insolvency in India? What is the Insolvency and Bankruptcy Code 2016 (IBC) 2016? The Insolvency and Bankruptcy Code 2016 (IBC) of India was introduced to consolidate and amend the laws relating to reorganization and insolvency resolution of corporate persons, partnership firms and individuals in a time-bound manner. Before...
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Liquidation Process under IBC
Have you ever wondered what happens when a company can no longer meet its financial obligations? How does the legal system handle such a situation, ensuring fair treatment for creditors while aiming for a quick resolution? The liquidation process under the Insolvency and Bankruptcy Code (IBC) is initiated when a corporate debtor fails to resolve...
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Documents Required for GST Registration for LLP
Do you have an LLP (Limited Liability Partnership) and are thinking about getting it registered under Goods and Services Tax (GST)? The documents required for GST registration of an LLP could be challenging for many, but will become easier with the help of this article which highlights the various documents required for GST registration for...
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