Objective of IBC is to Ensure Timely Resolution of Insolvency: NCLAT

Objective of IBC is to ensure timely resolution of insolvency, rules NCLAT
Objective - IBC - Ensure Timely Resolution - Insolvency-NCLAT-taxxscan

The Chennai Bench of the National Company Law Appellate Tribunal ( NCLAT ) held that the objective of the Insolvency and Bankruptcy Code, 2016 (IBC) is to ensure timely resolution of insolvency. The appeal has been filed by the appellant against the impugned order on the file of National Company Law Tribunal (NCLT), Kochi Bench….

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