Introduction: This article makes a critical analysis of Insolvency and Bankruptcy Code, 2016 (IBC in short) by highlighting the key parts of the Code and assess its likely impact on the Indian debt market and what does the new Code contain and how effective will it be in promoting the efficient and timely resolution of insolvent entities?
Its no secret that the Indian banking industry has a rather large number of loans outstanding that have simply gone wrong. With non-performing loans estimat
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