Pre-Pack Insolvency Resolution Process (PPIRP)

The ordinance aims to make insolvency resolution easier, faster and cost-effective for MSMEs using the ‘pre-pack’ process. It will act as an efficient alternative insolvency resolution process for MSMES under the IBC.


Link to download class notes:

https://www.dropbox.com/s/6cy0kwtfujnsoo2/MSME.pdf?dl=0


Link to download fresh file of ordinance:

https://www.dropbox.com/s/czvdvgwdq2xyexc/MSME_Fresh.pdf?dl=0


Link to download the code: 

https://www.dropbox.com/s/ai4a7aqnqv66m6a/Fresh%20code.pdf?dl=0


Link to news:

Govt. introduces a Pre-Packaged Insolvency Resolution Process for Corporate Persons classified as MSME - The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021 – 04.04.2021 - IBC Laws



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