Objective of insolvency code is not realisation of bad loans – IBBI
April 8, 2019
bankruptcy
The objective of IBC 2016 is reorganization and insolvency resolution and not realisation of bad loans- IBBI In a letter written to “ The Week” the Insolvency and Bankruptcy Board of India (IBBI) has stated that the impression that Insolvency and Bankruptcy Code, 2016 (Code) is for realisation …