IBBI Exempts Lockdown Period From Time Line Of Activity In Relation To Liquidation Process [Read Notification]
LIVELAW NEWS NETWORK
18 April 2020 9:06 AM IST
![IBBI Exempts Lockdown Period From Time Line Of Activity In Relation To Liquidation Process [Read Notification]](https://www.livelaw.in/h-upload/2019/12/03/750x450_367495-insolvency-and-bankruptcy-code.jpg "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...
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