Challenges and Recent Developments in The 2016 Insolvency and Bankruptcy Code

Ancoraa Resolution25 Jul, 2023Finance

The recent decisions made by the NCLTs and Supreme Court in India regarding the 2016 Insolvency and Bankruptcy Code are crucial for ensuring a fair and efficient process. This change has made it easier for creditors to recover their dues and for insolvent companies to restructure or liquidate their assets.