This knowledge paper, prepared jointly by CII and Sumedha Fiscal touches upon the key aspects of Bankruptcy Code, highlighting the issues and challenges.
The key highlights of this report includes:
This was released at the CII Insolvency & Bankruptcy Code 2016 held in Mumbai on 24 March 2017.
- Multiplicity of the existing laws – an issue
- Current stress in the banking sector
- Resolving insolvency – time and cost matter
- Demystifying the Insolvency and Bankruptcy Code, 2016
- Analysis and implication of the Code
- Issues & challenges