- Evaluating India’s Insolvency and Bankruptcy Code
- Figure 1 Debt-equity ratio for Indian companies
Restructuring & Insolvency analysis: The Indian Insolvency and Bankruptcy Code (IBC) was enacted to fix an ailing system. Prior to the introduction of the law, it took years for a company to wind up, which often resulted in protracted litigation. Five years since, experts continue to question whether the IBC has lived up to its intent. Written by Suranjali Tandon, assistant professor at the National Institute of Public Finance and Policy, India.
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