IBC turns 5: Hits and misses of the Insolvency and Bankruptcy Code

Описание: The Insolvency and Bankruptcy Code (IBC) completed five years since this May. The law envisaged giving a quicker, time-bound alternative for the recovery of bad loans for banks. Since its implementation, it has no doubt been an effective tool to recover loans. However, it has not been able to live up to the expectations of a time-bound recovery. ET's Joel Rebello recounts its hits and misses.


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