THE IMPACT OF INSOLVENCY AND BANKRUPTCY CODE, 2016 ON CORPORATE RESTRUCTURING by Kirti Panchal
Author: Kirti Panchal, Student at Faculty of Law, Delhi University ABSTRACT The Insolvency and Bankruptcy Code (IBC) 2016 brought about significant changes to the legal framework in India that governs the insolvency and restructuring of businesses. The International Business Companies Act (IBC) offers an extensive framework for the resolution of corporate insolvency and aids corporate restructuring by making it possible to resolve troubled assets in a manner that is time-bound…