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Inviting comments on the Interim Report of Bankruptcy Law Reforms Committee
February, 13th 2015
                               Government of India
                               Ministry of Finance
                          Department of Economic Affairs

                       Press Release inviting Comments on the
              Interim Report of Bankruptcy Law Reforms Committee

           The Hon'ble Finance Minster in his Budget Speech of 2014-15 announced that an
   entrepreneur friendly legal bankruptcy framework would be developed for SMEs to enable
   easy exit.

          Pursuant to the above announcement, a Committee was set up under Shri TK
   Viswanathan, former Secretary General, Lok Sabha and former Union Law Secretary, on
   22.8.2014 to study the corporate bankruptcy legal framework in India and submit a report.

         The Committee has submitted an Interim Report, which is placed on the website of the
   Ministry of Finance at ><.

          Comments/suggestions on the recommendations contained in the Interim Report may be
   sent to Director (FSLRC), Ministry of Finance, Deptt of Economic Affairs, Room No 68-A,
   North Block, New Delhi 110001, or via email at latest by 20th
   February 2015.


File No. 7/2/2014-FSLRC New Delhi, Dated: 10th February 2015

                                                                          (Dr CKG Nair)
                                                                 Adviser(Capital Markets)
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