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Updates on the Insolvency, Restructuring and Dissolution Act – Simplified Insolvency Programme

In view of the ongoing COVID-19 pandemic, the Ministry of Law (MinLaw) in October 2020 introduced a new amendment Bill No. 36/2020 to the Insolvency, Restructuring and Dissolution Act 2018 (IRDA) to provide temporary measures in the form of simplified procedures relating to a compromise or an arrangement with creditors and winding up, and other related matters.

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Pulse, Financial Advisory & Insolvency