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2 years of Insolvency and Bankruptcy Code: Resolution a distant goal

More than two years into operation, the new bankruptcy resolution framework has created opportunities, but at a heavy cost, as of now

Insolvency and Bankruptcy Code

The Insolvency and Bankruptcy Board of India released the ninth quarterly report on the progress of resolution of insolvent firms. More than two years into operation, the new bankruptcy resolution framework has created opportunities, but at a heavy cost, as of now. A look at the progress of the IBC as of March 2019...