The correct answer is Option3 - 2014
The Bankruptcy Legislative Reforms Committee (BLRC) was set up in the year 2014. The Bankruptcy Legislative Reforms Committee (BLRC) was a committee set up by the Government of India in 2014 to recommend reforms in the existing legal framework related to bankruptcy and insolvency in India. Its primary objective was to modernize and streamline the bankruptcy laws to facilitate faster resolution of insolvency cases, promote entrepreneurship, and improve the ease of doing business in the country. |