ArchiveJanuary 2019

Value Destruction and Wealth Transfer under IBC, 2016

[Pratik Datta is a researcher at the National Institute of Public Finance and Policy (NIPFP)] India experienced a major structural change with the enactment of the Insolvency and Bankruptcy Code, 2016 (“IBC”). Since then, India’s ranking under the Insolvency head in the World Bank Group’s Doing Business report has sharply risen from 136 to 103. India was also awarded the Global...

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