03/03/2021
The Insolvency and Bankruptcy Code 2016 is expected to return to normal from 25 Mar 2021 onwards as GoI is not expected to extend the one year Moratorium due to the Covid crisis.
A flood of new cases are expected once fresh defaults are taken up by the various NCLT benches.
Of course, the updated limit of Rs 100 lakhs for defaults continues.
Please contact [email protected] or 9830066008 for more info.