India's Insolvency and Bankruptcy Code (IBC) has facilitated over Rs 4 lakh crore in creditor realisations from resolved cases. Additionally, nearly Rs 14 lakh crore in claims were settled pre-admission, showcasing a significant shift in debtor-creditor dynamics and promoting timely resolution of financial stress.

MCA notifies major insolvency reforms under IBC 2.0, enhancing creditor control and expediting insolvency processes in India.

The recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of transparency, subjective selection…

Stress resolution shifted from paternalistic rehabilitation to market-driven resolution