The Insolvency and Bankruptcy Code (IBC) and its role in reviving banks from non-performing assets (NPAs) in India
“A bankruptcy proceeding is not a death sentence but a chance for a fresh start.” — Elizabeth Warren Introduction The Insolvency and Bankruptcy Code (IBC) 2016 is a groundbreaking enactment to resolve the banking sector’s financial health and legal landscapes. To achieve stable economic growth, the country’s financial health plays a major role. In India, […]