The Insolvency and Bankruptcy Code 2015, which seeks to provide an easy exit option for insolvent and sick companies, was on Wedne-sday referred to a 30-member joint parliamentary committee for furth
The Insolvency and Bankruptcy Code 2015, which seeks to provide an easy exit option for insolvent and sick companies, was on Wedne-sday referred to a 30-member joint parliamentary committee for further scrutiny.
The joint committee will submit its report by the last day of the first week of the Budget session, finance minister Arun Jaitley said while moving a motion in the Lok Sabha.
While moving the bill for consideration and passage yesterday in the lower house, he had said he would consider sending the Bill to the joint panel provided there was an agreement on the issue among the opposition parties.
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