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The Economic Times

Economy / The Economic Times

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Union Cabinet approves key changes to IBC and Companies Act 2013

The Union Cabinet has approved amendments to the Insolvency and Bankruptcy Code (IBC) and the Companies Act, 2013, according to sources. The move follows recommendations from a Lok Sabha Select Committee and aims to streamline insolvency proceedings and improve corporate governance.

10 Mar 2026 3:07 pm