Describe in your words the challenges faced by the tribunal in adhering to the timelines givenin the IBC.

Question

Describe in your words the challenges faced by the tribunal in adhering to the timelines givenin the IBC.
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Solution 1

The Insolvency and Bankruptcy Code (IBC) has set strict timelines for the resolution of insolvency cases. However, the tribunals face several challenges in adhering to these timelines.

  1. High Volume of Cases: One of the major challenges is the high volume of cases that the tribunals have to handl Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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