The main aim of this code is to be a part of the bankruptcy law in India and applies the solutions to not just...

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Source: http://www.thebaynet.com/community/family/how-bankruptcy-law-can-impact-an-individuals-finances.html

The main aim of this code is to be a part of the bankruptcy law in India and applies the solutions to not just individuals but to companies as well. It helps in providing that time-bound procedure to resolve the area of insolvency.