Now, insolvency proceedings will not be initiated up to 1 year. Earlier, the MCA had extended it to six months.

Read more at:
https://economictimes.indiatimes.com/small-biz/sme-sector/fm-provides-covid-19-relief-no-fresh-insolvency-proceeding-against-msmes-for-1-year/articleshow/75785351.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Source : Economics Times

Link : Now, insolvency proceedings will not be initiated up to 1 year. Earlier, the MCA had extended it to six months. Read more at: https://economictimes.indiatimes.com/small-biz/sme-sector/fm-provides-covid-19-relief-no-fresh-insolvency-proceeding-against-msmes-for-1-year/articleshow/75785351.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst