Thursday, January 12, 2023
INTRODUCTION
With the passage of almost six years since the introduction of the Insolvency and Bankruptcy Code, 2016 (IBC/Code), the Code has achieved substantial progress towards providing a robust insolvency resolution mechanism in the country. At the same time, we have also witnessed significant challenges in the effective implementation of the Code.
We have prepared a two-part year end wrap for 2022 which provides a brief overview on the progress of the insolvency resolution regime. In part 1 we have analysed some of the empirical data on recoveries and investments under the Code as well as impact of legislative/regulatory amendments on investments and acquisitions under the Code. In part 2 we have analyse…
Read the full article at: https://www.natlawreview.com/article/2022-year-end-wrap-insolvency-and-bankruptcy-code-2016-part-1