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Let’s take stock of India's Insolvency and Bankruptcy Code: is it aligned with the economy’s interests?

Let’s take stock of India's Insolvency and Bankruptcy Code: is it aligned with the economy’s interests?

Let’s take stock of India's Insolvency and Bankruptcy Code: is it aligned with the economy’s interests?



With the IBC completing 10 years of existence this year, it’s a good time for policymakers to evaluate how well it serves the economy today. Three structural aspects deserve scrutiny, and Section 29A requires a reset to guard against its dampening effect on the deployment of risk capital.