https://www.taxtmi.com/news?id=28252 The address assesses the Insolvency and Bankruptcy Code (IBC) as a key statutory resolution mechanism that has improved bank asset quality but remains constrained by delays in initiation, weak coordination in out-of-court workouts and low adoption of pre-pack processes, deficiencies in Committee of Creditors conduct, and variable capacity and incentives for Resolution Professionals; it proposes enforceable conduct norms, market-aligned RP compensation, systematic resolution data collection, technology adoption for valuation and default prediction, and closer integration between out-of-court and statutory processes to preserve enterprise value. en-us Wed, 18 Dec 2024 10:04:27 +0530 Wed, 18 Dec 2024 10:04:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=28252 The address assesses the Insolvency and Bankruptcy Code (IBC) as a key statutory resolution mechanism that has improved bank asset quality but remains constrained by delays in initiation, weak coordination in out-of-court workouts and low adoption of pre-pack processes, deficiencies in Committee of Creditors conduct, and variable capacity and incentives for Resolution Professionals; it proposes enforceable conduct norms, market-aligned RP compensation, systematic resolution data collection, technology adoption for valuation and default prediction, and closer integration between out-of-court and statutory processes to preserve enterprise value. News - Wed, 18 Dec 2024 10:04:27 +0530 https://www.taxtmi.com/news?id=28252