The government’s most transformative reform, the Insolvency and Bankruptcy Code (IBC), which was intended to enforce a time-bound insolvency process, is grappling with inordinate delays. […]
Tag: Insolvency and Bankruptcy Code
‘Greater transparency needed in insolvency proceedings to raise recovery rates’
New Delhi: The corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code, 2016 (IBC) needs greater transparency to help raise recovery rates for […]
Insolvency regulator IBBI targets compliance relief for insolvency professionals, unveils discussion paper
FSDC had urged regulators to adopt a focused approach to reduce the compliance burden | Photo Credit: Getty Images/iStockphoto Insolvency Professionals (IPs), who are the […]