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EPFO can initiate assessment proceedings during liquidation: NCLAT on companies under IBC

The insolvency appellate tribunal has held that there is no bar against assessment proceedings by statutory authorities, including the EPFO, once the liquidation...

Reforms needed to boost speed, recovery rates and judicial efficiency of India’s insolvency and bankruptcy framework

The Insolvency and Bankruptcy Code, 2016 (IBC) has accelerated recoveries. (AI image) By Aniket DaniThe Insolvency and Bankruptcy Code, 2016 (IBC) has...

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