IBBI draft papers to improve insolvency resolution likely out this month

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IBBI draft papers to improve insolvency resolution likely out this month

The pandemic-induced slowdown has caused inordinate delays in the resolution process, which also impacted the potential investors’ plan to acquire stressed assets in India

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IBBI | IBC | Insolvency and Bankruptcy Code

The much-awaited framework on cross-border insolvency may see light of the day soon

The Insolvency and Bankruptcy Board (IBBI) is working on two discussion papers on improving efficiency of the insolvency process. These are expected to be issued this month, according to a government official.

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First Published: Fri, June 10 2022. 21:51 IST

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