Reforms needed to boost speed, recovery rates and judicial efficiency of India’s insolvency and bankruptcy framework – Times of India

The Insolvency and Bankruptcy Code, 2016 (IBC) has accelerated recoveries. (AI image) By Aniket DaniThe Insolvency and Bankruptcy Code, 2016 (IBC) has accelerated recoveries and transformed the way banks handle…

Continue ReadingReforms needed to boost speed, recovery rates and judicial efficiency of India’s insolvency and bankruptcy framework – Times of India

Insolvency & Bankruptcy Code (IBC) vs Board of Industrial and Financial Reconstruction (BIFR) | Delhi News – Times of India

NEW DELHI: FM Nirmala Sitharaman on Thursday said that the seven-year-old Insolvency & Bankruptcy Code (IBC) has helped rescue 3,171 distressed companies and assisted in the closure of unviable ones…

Continue ReadingInsolvency & Bankruptcy Code (IBC) vs Board of Industrial and Financial Reconstruction (BIFR) | Delhi News – Times of India