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Coming: Insolvency law for civic bodies

Financial Express Bengaluru

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October 22, 2025

Move to boost credit profile & capex of urban local bodies

- MANU KAUSHIK

AFTER AMENDMENTS TO the Insolvency and Bankruptcy Code (IBC), currently under the consideration of a select committee of Parliament, the government may look at drafting a separate legislation for handling insolvency of urban local bodies (ULBs) and municipal corporations, official sources told FE.

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