From fostering entrepreneurship to streamlining processes, the IBC's impact extends far beyond resolving bad debt. Read more »
India's #IBC law may have seen betterment over the course of seven years, but there is a long way to go to achieve desired outcomes. #IBC #insolvencyandbankruptcycode Read more »
Corporate affairs ministry is spearheading a strategic overhaul of the NCLT guidelines to expedite IBC cases. #IBC #NCLT #InsolvencyandBankruptcy #Law Read more »
India offers a potential market for distressed assets, but #IBC doesn’t provide a marketplace or e-platform to potential #investors. #insolvencyandbankruptcycode Read more »
Inherent flaws in the Insolvency and Bankruptcy Code lead to more liquidations than resolutions -- between December 2016 and March 2022, 47% of corporate insolvency processes went into liquidation while just 14%... Read more »
Troubled corporates can come out stronger from business restructuring if they handle the tough times with sincerity, tenacity, and commitment. Read more »
India’s gross domestic product had a great fall in the first quarter of 2020-21, pushing the economy into deep uncertainty. The sharp contraction of the economy made a huge dent on the... Read more »
The question is will the relaxation in bankruptcy laws enacted to help struggling corporates lead to a situation where it will be difficult to roll them back. Read more »
The ministry of corporate affairs lists achievements in making India a business-friendly nation. Read more »