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Positive impact of the insolvency law to be visible in 5 years: Ajay Tyagi

The Code came into force in December 2016

Press Trust of India  |  New Delhi 

Ajay Tyagi, Chairman, SEBI
Ajay Tyagi, Chairman, SEBI | Photo: Kamlesh D Pednekar

Sebi Chairman on Monday expressed hope that positive impact of the insolvency law will be visible on the domestic corporate debt market in five years.

Describing the (IBC) as a "landmark reform" in the country's economic history, Tyagi said the Code has brought in behavioural changes among corporate debtors.

The Code came into force in December 2016.

First Published: Mon, December 16 2019. 17:15 IST
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