https://www.taxtmi.com/news?id=20798 The summary emphasises the Insolvency and Bankruptcy Code as a market-based mechanism that replaced a scattered regime, curtailed ever-greening, and changed lender-borrower behaviour by creating credible insolvency consequences. While acknowledging implementation challenges from appeals and litigation, the Government maintains an arms length role and Rules and Regulations govern processes. The Code has increased the pool of assets available for takeover, enhanced market confidence, and presented significant investor opportunities contingent on improved process, time and outcome certainty. en-us Fri, 07 Dec 2018 17:19:22 +0530 Fri, 07 Dec 2018 17:19:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20798 The summary emphasises the Insolvency and Bankruptcy Code as a market-based mechanism that replaced a scattered regime, curtailed ever-greening, and changed lender-borrower behaviour by creating credible insolvency consequences. While acknowledging implementation challenges from appeals and litigation, the Government maintains an arms length role and Rules and Regulations govern processes. The Code has increased the pool of assets available for takeover, enhanced market confidence, and presented significant investor opportunities contingent on improved process, time and outcome certainty. News - Fri, 07 Dec 2018 17:19:22 +0530 https://www.taxtmi.com/news?id=20798