BS EDIT: Ten Years After

By Business StandardPublished On May 28, 2026

A Landmark Reform

The Insolvency and Bankruptcy Code transformed how India handles corporate distress and exits

Better Outcomes

Studies show firms resolved under the IBC improved sales, investment, and employment over time

Recovery Gains

Creditors have recovered substantial value through resolution plans under the insolvency framework

Delay Problem

Resolution timelines continue to exceed the Code’s intended limit, reducing overall efficiency

Value Erosion

Prolonged insolvency proceedings can weaken businesses and diminish recovery prospects

Capacity Matters

Strengthening tribunals and institutional capacity is critical for the IBC’s long-term success