Ten years ago, India’s insolvency landscape was defined by stalled projects, endless litigation, weak recoveries and mounting bad loans. Companies remained trapped in legal limbo for years, banks struggled to recover dues, and distressed assets steadily lost value as cases moved through multiple forums.The Insolvency and Bankruptcy Code (IBC), enacted in 2016, was designed to change that. Conceived as a time-bound, creditor-driven framework for resolving financial distress, the law replaced a fragmented system with a single mechanism focused on business revival, value maximisation and faster resolution.A decade later, the IBC has emerged as one of India’s most consequential economic reforms. According…
Insolvency Guardian
Insolvency Services & Bankruptcy Advice
