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By Ernst & Young
Refer below a balance sheet for XYZ Limited, based on the balance sheet and additional information provided provide a working for outcome to different class of creditors.
By Ernst & Young
The Insolvency and Bankruptcy Code, 2016 (the Code) is, undoubtedly, a significant reform.
By Ernst & Young
A vast majority of the legal systems in the Commonwealth countries are founded on English common law.
By Ernst & Young
ABC Limited (the Company), which commenced operations in 2001, is a 100% holding company for four different companies operating in the healthcare sector.
By Abizer Diwanji
This is the year of landmark reforms: GST and the Bankruptcy Code (Code). While the Code is hailed as one of the best, the devil lies in the detail.
By Abizer Diwanji
The Insolvency and Bankruptcy Code, 2016 (IBC) was passed by the Parliament on 11 May 2016, received Presidential assent on 28 May 2016 and was notified in the official gazette on the same day.
By Abizer Diwanji
The distressed assets situation in India has gradually worsened over the past few years. The stressed loans issue in banks has resulted from a combination of factors including :-