IBBI Exempts Lockdown Period From Time Line Of Activity In Relation To Liquidation Process [Read Notification]

In view of the COVID-19 pandemic, the Insolvency and Bankruptcy Board of India has stated that the period of lockdown imposed by the Central Government shall not be counted for the purposes of the time-line for any activity that could not be completed due to such lockdown, in relation to a liquidation process. The IBBI issued the Insolvency and Bankruptcy Board of India (Liquidation...