
Bankruptcy Code 2.0 to be rolled out soon: ICAI
IBC 2.0 may include a full-fledged individual insolvency framework, pre-packaged insolvency for bigger corporates, group insolvency framework and use of tech in IBC.
IBC 2.0 may include a full-fledged individual insolvency framework, pre-packaged insolvency for bigger corporates, group insolvency framework and use of tech in IBC.
With liquidations surpassing resolutions, bankers need to look at alternatives to the bankruptcy code.