The introduction of the Insolvency and Bankruptcy Code (IBC) 2016 has led to significant shifts in the banking system, particularly reflected in the share prices of Public Sector Banks. According to a report by IIM-Ahmedabad, many companies that have undergone resolution are performing well three years later, spending 50% more on employees, and improving the quality of their capital assets. While there is always room for improvement in the IBC framework, continuous developments promise even bett
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The introduction of the Insolvency and Bankruptcy Code (IBC) 2016 has led to sig…
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The Insolvency and Bankruptcy Code 2016 (IBC) has significantly shifted the mindset of Promoters. Over the past few years, we have witnessed large conglomerates undergoing resolution and acquisition, leading to heightened concerns among Promoters about potentially losing control of their companies. The Promoters understand that banking practices can no longer be taken lightly. The IBC framework enforces greater accountability, enabling creditors to pursue personal guarantors for recovery. The tr
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The Insolvency and Bankruptcy Code 2016 (IBC) has significantly shifted the mindset …
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Centre Willing For Changes in Insolvency And Bankruptcy Code
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