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
‘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 […]
MCA to work on increasing recovery from corporate insolvency process
New Delhi: The ministry of corporate affairs (MCA) is working on increasing the recovery from its corporate insolvency process under the insolvency and bankruptcy code, […]
