Union Cabinet approves amendments to IBC and Companies Act
pre-market1 source ↓written by the desknot a recommendation
The Union Cabinet approved amendments to the Insolvency and Bankruptcy Code (IBC) and the Companies Act, 2013. These changes aim to streamline insolvency resolution processes, potentially shortening timelines for applications. This move may enhance corporate governance and attract foreign investment, impacting market sentiment positively. 📈
Not investment advice. For informational purposes only.