IBBI urges faster insolvency resolutions

  Published 11 months ago

IBBI Chair Ravi Mital urges faster insolvency resolutions, calling stakeholders to strengthen India’s reform framework.

  • Delays in admission processes persist, challenging timely case resolution and stakeholder confidence across insolvency proceedings.
  • New framework aims to accelerate resolutions while safeguarding stakeholder rights, aligning with international best practices.
  • Consultants, advisors, bankers, and creditors are urged to actively support the transition, building confidence in a stronger insolvency system.

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