Viewpoint: Insolvency & Bankruptcy Code - Streamlining Procedures | Epi - 33 | 28 June, 2025
Автор: Sansad TV
Загружено: 2025-06-28
Просмотров: 5196
The Insolvency and Bankruptcy Code (IBC) is undergoing several streamlining procedures to enhance its efficiency and effectiveness. These measures aim to reduce delays, improve transparency, and ensure better outcomes for both creditors and debtors. The IBC is a crucial piece of legislation for India's economic landscape, aiming to address the challenges associated with insolvency and bankruptcy in a more efficient and effective manner.The overall recovery rate under the IBC rose marginally to 32.76 per cent in the fourth quarter of FY25 from 31.39 per cent in the previous quarter. While the uptick suggests progress in resolution outcomes, the average haircut remains steep, with creditors recovering less than one-third of their admitted claims, and this remains a concern.
Guests:
1- M. S. Sahoo, Former Chairman, Insolvency and Bankruptcy Board of India.
2- Anil Goel, CA & Founder, AAA Insolvency Professionals.
3- Sumant Batra, Insolvency Lawyer & Consultant.
Anchor: Frank Rausan Pereira
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