 "illustration: Binay Sinha")
Two American professors, Kenneth Ayotte and David Skeel, recently expounded in an opinion piece in Wall Street Journal why there is a need to flatten the bankruptcy curve as businesses reel from the aftereffects of the pandemic. A surge in pandemic-triggered insolvency and bankruptcy cases are expected in India in the post-lockdown period. Experts, however, feel just suspending initiation of new cases for a certain period is not enough to safeguard the IBC framework from the onslaught of pandemic-related cases.
“Unless there is activity and effort to revive the corporate debtor, the problem will be aggravated by the end of
