Tag: PrePackagedInsolvency

Understanding the Legal Provisions Governing Pre-Packaged Insolvency Resolution Process (PPIRP)

Understanding the Legal Provisions Governing Pre-Packaged Insolvency Resolution Process (PPIRP)

The Pre-Packaged Insolvency Resolution Process (PPIRP) under the Insolvency and Bankruptcy Code (IBC), 2016, provides a streamlined framework for resolving insolvency, particularly for Micro, Small, and Medium Enterprises (MSMEs). This article explains the key sections