{"id":7274,"date":"2021-10-06T16:18:40","date_gmt":"2021-10-06T16:18:40","guid":{"rendered":"https:\/\/www.iquanta.in\/blog\/?p=7274"},"modified":"2022-01-05T13:19:49","modified_gmt":"2022-01-05T07:49:49","slug":"insolvency-bankruptcy-code-pre-msmes","status":"publish","type":"post","link":"https:\/\/www.iquanta.in\/blog\/insolvency-bankruptcy-code-pre-msmes\/","title":{"rendered":"Insolvency and Bankruptcy Code 2021 | MSMEs"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_77 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.iquanta.in\/blog\/insolvency-bankruptcy-code-pre-msmes\/#Insolvency_and_Bankruptcy_Code_amendment_act_2021\" >Insolvency and Bankruptcy Code amendment act 2021<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.iquanta.in\/blog\/insolvency-bankruptcy-code-pre-msmes\/#Why_Pre-packs_over_CIRP\" >Why Pre-packs over CIRP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.iquanta.in\/blog\/insolvency-bankruptcy-code-pre-msmes\/#Swiss_Challenge\" >Swiss Challenge<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.iquanta.in\/blog\/insolvency-bankruptcy-code-pre-msmes\/#Challenges\" >Challenges<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Insolvency_and_Bankruptcy_Code_amendment_act_2021\"><\/span>Insolvency and Bankruptcy Code amendment act 2021<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<hr \/>\n<p>Recently, the Insolvency and Bankruptcy Code (Amendment) Bill has been introduced in Lok Sabha. This bill has proposed another insolvency resolution mechanism for Micro, Small and Medium Enterprises (MSMEs).<\/p>\n<p>Now, there are two mechanisms of insolvency resolution, namely, the Pre-packaged Insolvency Resolution Process (PIRP) and the Corporate Insolvency Resolution Process (CIRP).<\/p>\n<p>Pre-pack will involve a direct agreement between creditors and the existing owners or outside investors instead of any public bidding process.<\/p>\n<p>In order to resolve the debt of a distressed company, the financial creditors will agree to terms with the promoters or potential investors. Once done, the resolution plan has to be approved by National Company Law Tribunal (NCLT).<\/p>\n<p>The approval of at least 66% of financial creditors that are unrelated to corporate debtors would be required. Once submitted to NCLT, it can either accept or reject any application for pre-pack insolvency proceedings.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Pre-packs_over_CIRP\"><\/span>Why Pre-packs over CIRP?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">In the case of CIRP, the major issue is the time of resolution. This is due to prolonged litigation by promoters and potential bidders. The threshold is 270 days but the majority of cases have breached that threshold.<\/span><\/p>\n<p>The pre-pack is limited to a maximum of 120 days with only 90 days available to different stakeholders involved in order to bring a resolution plan before the NCLT.<br \/>\nAnother important difference is that in the case of pre-packs, existing managers retain control while in the case of CIRP, a resolution professional takes control of debtors as a representative of financial creditors.<\/p>\n<p>Pre-packs are introduced to help MSMEs to restructure their liabilities and start with a clean slate while providing protections. It will ensure that it can\u2019t be misused by companies to avoid making payments to creditors.<a href=\"https:\/\/www.iquanta.in\/\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-7740 \" src=\"https:\/\/www.iquanta.in\/blog\/wp-content\/uploads\/2021\/12\/WhatsApp-Image-2021-12-16-at-4.09.20-PM-1.jpeg\" alt=\"CAT 2022 Course \" width=\"571\" height=\"108\" srcset=\"https:\/\/www.iquanta.in\/blog\/wp-content\/uploads\/2021\/12\/WhatsApp-Image-2021-12-16-at-4.09.20-PM-1.jpeg 1280w, https:\/\/www.iquanta.in\/blog\/wp-content\/uploads\/2021\/12\/WhatsApp-Image-2021-12-16-at-4.09.20-PM-1-300x57.jpeg 300w, https:\/\/www.iquanta.in\/blog\/wp-content\/uploads\/2021\/12\/WhatsApp-Image-2021-12-16-at-4.09.20-PM-1-1024x194.jpeg 1024w, https:\/\/www.iquanta.in\/blog\/wp-content\/uploads\/2021\/12\/WhatsApp-Image-2021-12-16-at-4.09.20-PM-1-768x145.jpeg 768w, https:\/\/www.iquanta.in\/blog\/wp-content\/uploads\/2021\/12\/WhatsApp-Image-2021-12-16-at-4.09.20-PM-1-640x121.jpeg 640w, https:\/\/www.iquanta.in\/blog\/wp-content\/uploads\/2021\/12\/WhatsApp-Image-2021-12-16-at-4.09.20-PM-1-681x129.jpeg 681w\" sizes=\"(max-width: 571px) 100vw, 571px\" \/><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Swiss_Challenge\"><\/span>Swiss Challenge<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The pre-pack mechanism allows for a \u2018Swiss challenge\u2019 to any resolution plan which involves less than full recovery of dues for operational creditors.<\/span><\/p>\n<p>Under this challenge, a third party will be permitted to submit a resolution plan for the distressed company. The original applicant will be then left with two choices, either to match the improved resolution plan or let go of the investment.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Challenges\"><\/span>Challenges<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The challenges include that forensic audits will be important for cases where the same management has control. Where haircuts are involved, such audits become important and negative reports can be a roadblock for the resolution process.<\/p>\n<p>Also, the timeline will be difficult for lenders and distressed companies to meet.<\/p>\n<p>If an outstanding debt is resolved through PIRP, the NPA status of the company\u2019s account with lenders may not be automatically upgraded under RBI guidelines. There is a need for the IBBI and RBI to find a middle ground on these regulations.<\/p>\n<p>Lastly, the pre-pack mechanism is effective to make the resolution process quickly and it can be rolled out to all companies over time.<\/p>\n<p>To structure your <a href=\"https:\/\/www.iquanta.in\/cat-online-coaching\">CAT online preparation<\/a> in an efficient way consider joining iQuanta which is a <a href=\"https:\/\/www.iquanta.in\/test\/iconcept\">top online cat coaching<\/a> institute and being a part of the iQuanta CAT 21 Course. You can also check out and be a part of their <a href=\"https:\/\/www.facebook.com\/groups\/Rockthecat\">Facebook group<\/a> for peer learning, doubt solving and free material.<a href=\"https:\/\/www.iquanta.in\/\"><img decoding=\"async\" class=\"alignnone wp-image-7740 size-full\" src=\"https:\/\/www.iquanta.in\/blog\/wp-content\/uploads\/2021\/12\/WhatsApp-Image-2021-12-16-at-4.09.20-PM-1.jpeg\" alt=\"CAT 2022 Course \" width=\"1280\" height=\"242\" srcset=\"https:\/\/www.iquanta.in\/blog\/wp-content\/uploads\/2021\/12\/WhatsApp-Image-2021-12-16-at-4.09.20-PM-1.jpeg 1280w, https:\/\/www.iquanta.in\/blog\/wp-content\/uploads\/2021\/12\/WhatsApp-Image-2021-12-16-at-4.09.20-PM-1-300x57.jpeg 300w, https:\/\/www.iquanta.in\/blog\/wp-content\/uploads\/2021\/12\/WhatsApp-Image-2021-12-16-at-4.09.20-PM-1-1024x194.jpeg 1024w, https:\/\/www.iquanta.in\/blog\/wp-content\/uploads\/2021\/12\/WhatsApp-Image-2021-12-16-at-4.09.20-PM-1-768x145.jpeg 768w, https:\/\/www.iquanta.in\/blog\/wp-content\/uploads\/2021\/12\/WhatsApp-Image-2021-12-16-at-4.09.20-PM-1-640x121.jpeg 640w, https:\/\/www.iquanta.in\/blog\/wp-content\/uploads\/2021\/12\/WhatsApp-Image-2021-12-16-at-4.09.20-PM-1-681x129.jpeg 681w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Insolvency and Bankruptcy Code amendment act 2021 Recently, the Insolvency and Bankruptcy Code (Amendment) Bill has been introduced in Lok Sabha. This bill has proposed another insolvency resolution mechanism for Micro, Small and Medium Enterprises (MSMEs). Now, there are two mechanisms of insolvency resolution, namely, the Pre-packaged Insolvency Resolution Process (PIRP) and the Corporate Insolvency [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7288,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[369,367],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.4 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Insolvency and Bankruptcy Code 2021 | MSMEs | iQuanta best for CAT<\/title>\n<meta name=\"description\" content=\"The Insolvency and Bankruptcy Code (Amendment) Bill, 2021 shall be deemed to have come into force on April 4, 2021. It also amends 2016 code.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.iquanta.in\/blog\/insolvency-bankruptcy-code-pre-msmes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Insolvency and Bankruptcy Code 2021 | MSMEs\" \/>\n<meta property=\"og:description\" content=\"The Insolvency and Bankruptcy Code (Amendment) Bill, 2021 shall be deemed to have come into force on April 4, 2021. It also amends 2016 code.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.iquanta.in\/blog\/insolvency-bankruptcy-code-pre-msmes\/\" \/>\n<meta property=\"og:site_name\" content=\"iQuanta\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/iquanta.in\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-06T16:18:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-01-05T07:49:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.iquanta.in\/blog\/wp-content\/uploads\/2021\/09\/WhatsApp-Image-2021-10-06-at-6.29.54-AM.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mansi Sankhe\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mansi Sankhe\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.iquanta.in\/blog\/insolvency-bankruptcy-code-pre-msmes\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.iquanta.in\/blog\/insolvency-bankruptcy-code-pre-msmes\/\"},\"author\":{\"name\":\"Mansi Sankhe\",\"@id\":\"https:\/\/www.iquanta.in\/blog\/#\/schema\/person\/0040ebf007dd9b208036881d62f2f8b2\"},\"headline\":\"Insolvency and Bankruptcy Code 2021 | MSMEs\",\"datePublished\":\"2021-10-06T16:18:40+00:00\",\"dateModified\":\"2022-01-05T07:49:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.iquanta.in\/blog\/insolvency-bankruptcy-code-pre-msmes\/\"},\"wordCount\":524,\"publisher\":{\"@id\":\"https:\/\/www.iquanta.in\/blog\/#organization\"},\"articleSection\":[\"GD-PI\",\"General Awareness\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.iquanta.in\/blog\/insolvency-bankruptcy-code-pre-msmes\/\",\"url\":\"https:\/\/www.iquanta.in\/blog\/insolvency-bankruptcy-code-pre-msmes\/\",\"name\":\"Insolvency and Bankruptcy Code 2021 | MSMEs | iQuanta best for CAT\",\"isPartOf\":{\"@id\":\"https:\/\/www.iquanta.in\/blog\/#website\"},\"datePublished\":\"2021-10-06T16:18:40+00:00\",\"dateModified\":\"2022-01-05T07:49:49+00:00\",\"description\":\"The Insolvency and Bankruptcy Code (Amendment) Bill, 2021 shall be deemed to have come into force on April 4, 2021. It also amends 2016 code.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.iquanta.in\/blog\/insolvency-bankruptcy-code-pre-msmes\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.iquanta.in\/blog\/insolvency-bankruptcy-code-pre-msmes\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.iquanta.in\/blog\/insolvency-bankruptcy-code-pre-msmes\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.iquanta.in\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Insolvency and Bankruptcy Code 2021 | MSMEs\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.iquanta.in\/blog\/#website\",\"url\":\"https:\/\/www.iquanta.in\/blog\/\",\"name\":\"iQuanta | Cat Preparation Online\",\"description\":\"Building Learning Networks\",\"publisher\":{\"@id\":\"https:\/\/www.iquanta.in\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.iquanta.in\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.iquanta.in\/blog\/#organization\",\"name\":\"IQuanta\",\"url\":\"https:\/\/www.iquanta.in\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.iquanta.in\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.iquanta.in\/blog\/wp-content\/uploads\/2018\/08\/IQuanta-1.png\",\"contentUrl\":\"https:\/\/www.iquanta.in\/blog\/wp-content\/uploads\/2018\/08\/IQuanta-1.png\",\"width\":525,\"height\":200,\"caption\":\"IQuanta\"},\"image\":{\"@id\":\"https:\/\/www.iquanta.in\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/facebook.com\/iquanta.in\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.iquanta.in\/blog\/#\/schema\/person\/0040ebf007dd9b208036881d62f2f8b2\",\"name\":\"Mansi Sankhe\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.iquanta.in\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a1e9b659ea5a7d9b4b90efac575050b0?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a1e9b659ea5a7d9b4b90efac575050b0?s=96&d=mm&r=g\",\"caption\":\"Mansi Sankhe\"},\"sameAs\":[\"https:\/\/www.iquanta.in\/\"],\"url\":\"https:\/\/www.iquanta.in\/blog\/author\/mansi-sankhe\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Insolvency and Bankruptcy Code 2021 | MSMEs | iQuanta best for CAT","description":"The Insolvency and Bankruptcy Code (Amendment) Bill, 2021 shall be deemed to have come into force on April 4, 2021. It also amends 2016 code.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.iquanta.in\/blog\/insolvency-bankruptcy-code-pre-msmes\/","og_locale":"en_US","og_type":"article","og_title":"Insolvency and Bankruptcy Code 2021 | MSMEs","og_description":"The Insolvency and Bankruptcy Code (Amendment) Bill, 2021 shall be deemed to have come into force on April 4, 2021. It also amends 2016 code.","og_url":"https:\/\/www.iquanta.in\/blog\/insolvency-bankruptcy-code-pre-msmes\/","og_site_name":"iQuanta","article_publisher":"https:\/\/facebook.com\/iquanta.in","article_published_time":"2021-10-06T16:18:40+00:00","article_modified_time":"2022-01-05T07:49:49+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/www.iquanta.in\/blog\/wp-content\/uploads\/2021\/09\/WhatsApp-Image-2021-10-06-at-6.29.54-AM.jpeg","type":"image\/jpeg"}],"author":"Mansi Sankhe","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Mansi Sankhe","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.iquanta.in\/blog\/insolvency-bankruptcy-code-pre-msmes\/#article","isPartOf":{"@id":"https:\/\/www.iquanta.in\/blog\/insolvency-bankruptcy-code-pre-msmes\/"},"author":{"name":"Mansi Sankhe","@id":"https:\/\/www.iquanta.in\/blog\/#\/schema\/person\/0040ebf007dd9b208036881d62f2f8b2"},"headline":"Insolvency and Bankruptcy Code 2021 | MSMEs","datePublished":"2021-10-06T16:18:40+00:00","dateModified":"2022-01-05T07:49:49+00:00","mainEntityOfPage":{"@id":"https:\/\/www.iquanta.in\/blog\/insolvency-bankruptcy-code-pre-msmes\/"},"wordCount":524,"publisher":{"@id":"https:\/\/www.iquanta.in\/blog\/#organization"},"articleSection":["GD-PI","General Awareness"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.iquanta.in\/blog\/insolvency-bankruptcy-code-pre-msmes\/","url":"https:\/\/www.iquanta.in\/blog\/insolvency-bankruptcy-code-pre-msmes\/","name":"Insolvency and Bankruptcy Code 2021 | MSMEs | iQuanta best for CAT","isPartOf":{"@id":"https:\/\/www.iquanta.in\/blog\/#website"},"datePublished":"2021-10-06T16:18:40+00:00","dateModified":"2022-01-05T07:49:49+00:00","description":"The Insolvency and Bankruptcy Code (Amendment) Bill, 2021 shall be deemed to have come into force on April 4, 2021. It also amends 2016 code.","breadcrumb":{"@id":"https:\/\/www.iquanta.in\/blog\/insolvency-bankruptcy-code-pre-msmes\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.iquanta.in\/blog\/insolvency-bankruptcy-code-pre-msmes\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.iquanta.in\/blog\/insolvency-bankruptcy-code-pre-msmes\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.iquanta.in\/blog\/"},{"@type":"ListItem","position":2,"name":"Insolvency and Bankruptcy Code 2021 | MSMEs"}]},{"@type":"WebSite","@id":"https:\/\/www.iquanta.in\/blog\/#website","url":"https:\/\/www.iquanta.in\/blog\/","name":"iQuanta | Cat Preparation Online","description":"Building Learning Networks","publisher":{"@id":"https:\/\/www.iquanta.in\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.iquanta.in\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.iquanta.in\/blog\/#organization","name":"IQuanta","url":"https:\/\/www.iquanta.in\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.iquanta.in\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.iquanta.in\/blog\/wp-content\/uploads\/2018\/08\/IQuanta-1.png","contentUrl":"https:\/\/www.iquanta.in\/blog\/wp-content\/uploads\/2018\/08\/IQuanta-1.png","width":525,"height":200,"caption":"IQuanta"},"image":{"@id":"https:\/\/www.iquanta.in\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/facebook.com\/iquanta.in"]},{"@type":"Person","@id":"https:\/\/www.iquanta.in\/blog\/#\/schema\/person\/0040ebf007dd9b208036881d62f2f8b2","name":"Mansi Sankhe","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.iquanta.in\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a1e9b659ea5a7d9b4b90efac575050b0?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a1e9b659ea5a7d9b4b90efac575050b0?s=96&d=mm&r=g","caption":"Mansi Sankhe"},"sameAs":["https:\/\/www.iquanta.in\/"],"url":"https:\/\/www.iquanta.in\/blog\/author\/mansi-sankhe\/"}]}},"_links":{"self":[{"href":"https:\/\/www.iquanta.in\/blog\/wp-json\/wp\/v2\/posts\/7274"}],"collection":[{"href":"https:\/\/www.iquanta.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.iquanta.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.iquanta.in\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iquanta.in\/blog\/wp-json\/wp\/v2\/comments?post=7274"}],"version-history":[{"count":10,"href":"https:\/\/www.iquanta.in\/blog\/wp-json\/wp\/v2\/posts\/7274\/revisions"}],"predecessor-version":[{"id":7291,"href":"https:\/\/www.iquanta.in\/blog\/wp-json\/wp\/v2\/posts\/7274\/revisions\/7291"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.iquanta.in\/blog\/wp-json\/wp\/v2\/media\/7288"}],"wp:attachment":[{"href":"https:\/\/www.iquanta.in\/blog\/wp-json\/wp\/v2\/media?parent=7274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iquanta.in\/blog\/wp-json\/wp\/v2\/categories?post=7274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.iquanta.in\/blog\/wp-json\/wp\/v2\/tags?post=7274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}