The Insolvency and Bankruptcy Code has scored a few hits and many misses thus far, writes P N Vijay – Free Press Journal
When the bankruptcy code was brought in five years ago, there was much hope, not only in India but in the entire global business community. No wonder the very next year, Indias ranking in the Ease of Doing Business shot up from 108 to 52. However, after five years, except for a few big-ticket hits,…