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What is IBC 2016 and why is it important?

What is insolvency? The ‘I’ in IBC 2016 stands for Insolvency. Insolvency is a time when a company is unable to run its business and complete its responsibilities, for example, when the company is not able to pay bill of its suppliers or salaries to its employees. What is bankruptcy? The ‘B’ in IBC 2016Continue reading “What is IBC 2016 and why is it important?”