Insolvency and Bankruptcy Code, 2016
GPTKB entity
Statements (61)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:legislation
|
| gptkbp:administered_by |
National Company Law Tribunal (NCLT)
Debt Recovery Tribunal (DRT) |
| gptkbp:aims_to |
promote entrepreneurship
balance the interests of all stakeholders |
| gptkbp:amended_by |
gptkb:Insolvency_and_Bankruptcy_Code_(Amendment)_Act,_2019
address emerging challenges Insolvency and Bankruptcy Code (Amendment) Act, 2020 |
| gptkbp:applies_to |
gptkb:individuals
corporate entities |
| gptkbp:effective_date |
December 1, 2016
|
| gptkbp:enables |
cross-border insolvency resolution
|
| gptkbp:enacted_by |
gptkb:Parliament_of_the_United_Kingdom
|
| gptkbp:establishes |
gptkb:Insolvency_and_Bankruptcy_Board_of_India
|
| gptkbp:facilitates |
liquidation process
|
| gptkbp:governs |
bankruptcy proceedings
insolvency proceedings |
| gptkbp:has_impact_on |
business environment in India
|
| https://www.w3.org/2000/01/rdf-schema#label |
Insolvency and Bankruptcy Code, 2016
|
| gptkbp:includes |
Corporate Insolvency Resolution Process (CIRP)
Fast Track Insolvency Resolution Process Individual Insolvency Resolution Process |
| gptkbp:is_analyzed_in |
gptkb:academic_research
|
| gptkbp:is_cited_in |
gptkb:court_cases
|
| gptkbp:is_criticized_for |
complexity of procedures
delays in resolution lack of awareness among stakeholders |
| gptkbp:is_discussed_in |
business seminars
policy debates legal forums |
| gptkbp:is_evaluated_by |
international organizations
various stakeholders |
| gptkbp:is_influenced_by |
international best practices
global insolvency practices |
| gptkbp:is_part_of |
Indian legal system
financial regulatory framework economic reforms in India India's economic policy framework |
| gptkbp:is_promoted_by |
government initiatives
|
| gptkbp:is_referenced_in |
legal textbooks
|
| gptkbp:is_related_to |
financial stability
financial distress investment climate credit risk management business recovery strategies |
| gptkbp:is_reviewed_by |
government bodies
|
| gptkbp:is_subject_to |
judicial review
constitutional provisions |
| gptkbp:is_supported_by |
gptkb:business
gptkb:financial_institutions legal experts |
| gptkbp:mandates |
time limits for resolution
|
| gptkbp:provides |
creditor rights
time-bound resolution process debtor rights |
| gptkbp:replaces |
gptkb:The_Provincial_Insolvency_Act,_1920
The Presidency Towns Insolvency Act, 1909 |
| gptkbp:requires |
financial creditors to form a committee
|
| gptkbp:bfsParent |
gptkb:Insolvency_and_Bankruptcy_Code_(Amendment)_Act,_2019
gptkb:The_Provincial_Insolvency_Act,_1920 |
| gptkbp:bfsLayer |
8
|