IBC Amendments: More clarity needed

Though the development offers some relief to the distraught home buyers and the defaulting promoters of micro, small and medium enterprises (MSME), it still leaves room for ambiguity and legal challenges.

By Anand Adhikari  
Friday, June 8, 2018

The much-awaited amendments in the Insolvency and Bankruptcy Code (IBC) have finally come through. And though the development offers some relief to the distraught home buyers and the defaulting promoters of micro, small and medium enterprises (MSME), it still leaves room for ambiguity and legal challenges. Here are few such points:

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