<h1>Insolvency and bankruptcy framework: enhancing time bound resolution and creditor control to improve corporate recovery and credit flows.</h1> The speech emphasises that the Insolvency and Bankruptcy Code established a unified, time bound, creditor driven resolution regime prioritising going concern value, CoC decision making, claw back remedies and cramdown protection. It acknowledges implementation constraints-adjudicatory capacity, appellate delays, cross border and group resolution complexities-and urges reforms including better use of Information Utilities, enhanced NCLT/NCLAT capacity, strengthened resolution professional skills, and streamlined procedures to reduce loss given default and improve credit flows.