Section 72C
Establishment of simplified debt restructuring programme
of Insolvency, Restructuring and Dissolution Act 2018
ActIn forceProvision 75 of 570
Section 72C
Amended by39/2020
There is established a programme, known as the simplified debt restructuring programme, for the purpose of providing a simplified process for the restructuring of debts to any eligible company that seeks to enter into a compromise or an arrangement between the company and its creditors or any class of those creditors.