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Tag Archive for "pre-packaged-insolvency-resolution-process" -

CentrikBlogsPre-packaged insolvency resolution process

Tag: Pre-packaged insolvency resolution process

How IBC can be helpful to Start-Up?

Posted by JyotiKhuranaPosted on March 27, 2023March 31, 20230 CommentsCategories Authentic Legal Advice, Corporate Litigation-All In Way, Debt Recovery Management, Insolvency & Bankruptcy Code 2016, Legal AdvisoryTags Fast Track Corporate Insolvency Resolution Process, fast track insolvency resolution process applicability, fast track resolution process, fast-track insolvency process under the IBC, Insolvency and Bankruptcy Board of India, Insolvency Resolution Process, Pre-packaged insolvency resolution process

The fast track process which can be initiated by a creditor or the corporate debtor itself cuts down the time taken to complete an insolvency resolution to almost half as compared to the regular process under the IBC.

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Analysis of the Pre-Packaged Insolvency Resolution Process and its advantages as compared to the CIRP

Posted by Advocate Chetna BishtPosted on January 9, 2023January 10, 20230 CommentsCategories Authentic Legal Advice, Corporate Litigation-All In Way, Debt Recovery Management, Insolvency & Bankruptcy Code 2016, Legal AdvisoryTags benefits or advantages of the PPIRP, Corporate Insolvency Resolution Process under the IBC, filing an application before the adjudicating authority, Financial Creditors, financial creditors and corporate debtors, incorporation of PPIRP, insolvency processes, Pre-packaged insolvency resolution process, preparation of the Base Resolution Plan by the Corporate debtor, resolution mechanism for MSMEs

The Pre-Packaged Insolvency Resolution Process (PPIRP) mechanism have helped the MSMEs to a great extent in order to revive their operations as a going concern.

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Structure of Pre-packaged Insolvency Resolution Process

Posted by khyatikhemkaPosted on January 6, 2023January 9, 20230 CommentsCategories Authentic Legal Advice, Corporate Litigation-All In Way, Debt Recovery Management, Insolvency & Bankruptcy Code 2016Tags CIRP against an MSME, CIRP against Corporate Debtor, difference between CIRP and PIRP, how a PPRIRP works, PPIRP under IBC, pre packaged insolvency resolution process for MSME, Pre-packaged insolvency resolution process, Submission of Resolution Plan

A brief information of how a PPRIRP works in the real sense, making the resolution of Micro, small and medium scale enterprises not just speedy but also smooth.

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PRE-PACKAGED INSOLVENCY PROCESS FOR MSMEs

Posted by Adv_Pooja_DuaPosted on April 8, 2022April 25, 20220 CommentsCategories Authentic Legal Advice, Corporate Litigation-All In Way, Debt Recovery Management, Insolvency & Bankruptcy Code 2016, Legal AdvisoryTags CIRP process, CIRP under the Insolvency and Bankruptcy Code, Pre-Pack IRP under IBC in India, Pre-Pack under IBC, Pre-packaged insolvency resolution process, Pre-packed insolvency in India, Pre-packed Insolvency Process for MSMEs under IBC, Pre-packs for MSMEs, proceedings of PRIP, what is pre packaged insolvency resolution process

To provide a relief to MSME and to offer them some respite from this pandemic, the process of pre-packaged insolvency resolution was introduced. This PIRP was introduced by way of ordinance dated 04.04.2021 by the Ministry of Law and Justice.

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Insolvency and Bankruptcy Code (Amendment) Bill, 2021

Posted by AdminPosted on August 27, 2021August 30, 20210 CommentsCategories Authentic Legal Advice, Corporate Litigation-All In Way, Debt Recovery Management, Insolvency & Bankruptcy Code 2016Tags filing of new corporate insolvency resolution applications, insolvency and bankruptcy code 2021, insolvency and bankruptcy code amendment bill 2021, insolvency and bankruptcy code ordinance 2021, Insolvency Law, penalty for initiating a pre-packaged IRP, Pre-packaged insolvency resolution process

The Code was enacted in 2016 to consolidate and amend the laws governing corporate reorganization and insolvency resolution for corporations, partnerships, and individuals.

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What is PPIRP (Pre-Packaged Insolvency Resolution Process) ?

Posted by AdminPosted on April 15, 2021April 17, 20210 CommentsCategories Debt Recovery Management, Insolvency & Bankruptcy Code 2016Tags CIRP, CIRP against a corporate debtor, CIRP against the Builder, financial difficulties in MSME sector due to pandemic, PPIRP, Pre-packaged insolvency resolution process, What is PPRIP

PPIRP (Pre-packaged Insolvency Resolution Process) is an alternate for normal Insolvency Process. It has been announced for MSME Sector.

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