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Global Insight

India - Fast Track Insolvency - Is It Really Fast?

The very purpose of introducing Fast Track Regulation is to lower the burden on small companies from following the cumbersome procedure of Resolution Process as specified under the Insolvency and Bankruptcy Code for larger companies.

The regulation came in force on June 14, 2017 and applies to small companies, start-ups and to unlisted company with total assets, as reported in the financial statement of the immediately preceding financial year, not exceeding Rs.1 cr.

Now, is it really fast? Click here to read the full article.

  • Lisbon, Portugal, November 1, 2017 - November 4, 2017

    SCA Advogados are excited to host the 36th ABL Conference in Lisbon.

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