ECONOMY

TOPIC:General Studies 3:

New insolvency Bill (Inslovancy and Bankruptsy Code Amendment Bill 2019)

Daily Current Affairs IAS | UPSC Prelims and Mains Exam – 13th December 2019

Daily Current Affairs IAS | UPSC Prelims and Mains Exam – 13th December 2019

SRC: LEX

Context:

The Union cabinet, chaired by Prime Minister Narendra Modi, cleared amendments to the Insolvency and Bankruptcy Code (IBC) 

Why Amendment?

Features:

Esp for Real estate

Do you know?

Daily Current Affairs IAS | UPSC Prelims and Mains Exam – 13th December 2019

Daily Current Affairs IAS | UPSC Prelims and Mains Exam – 13th December 2019

Src: NAPKIN Finance

Merits:

Way forward:

Criticisms:

Conclusions:

Connecting the dots:

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