Decoding the Insolvency and Bankruptcy Code (Ibc) For Corporate Restructuring in India

INTRODUCTION India’s corporate environment was dramatically altered following the enactment of Insolvency and Bankruptcy Code (IBC) in 2016. This landmark legislation has ushered in a new era of responsibility, efficiency and transparency within the areas of corporate restructuring along with bankruptcy resolution. The IBC is a paradigm shift from the older fragmented and protracted legal structure because it embodies a comprehensive and time-bound response to financial distress. Introduction...