https://www.taxtmi.com/news?id=73036 The Insolvency and Bankruptcy Code is presented as a creditor-driven, time-bound framework that consolidated a fragmented insolvency regime and strengthened recovery, corporate discipline, investor confidence, and economic efficiency. The article states that resolution activity has facilitated large-scale creditor realisation, including over Rs.4 lakh crore, while also producing significant case closures, withdrawals, settlements, and liquidations. It further notes improved recovery rates, shorter timelines, better borrower behaviour, and post-resolution revival of firms. en-us Thu, 28 May 2026 18:53:55 +0530 Thu, 28 May 2026 18:53:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73036 The Insolvency and Bankruptcy Code is presented as a creditor-driven, time-bound framework that consolidated a fragmented insolvency regime and strengthened recovery, corporate discipline, investor confidence, and economic efficiency. The article states that resolution activity has facilitated large-scale creditor realisation, including over Rs.4 lakh crore, while also producing significant case closures, withdrawals, settlements, and liquidations. It further notes improved recovery rates, shorter timelines, better borrower behaviour, and post-resolution revival of firms. News - Thu, 28 May 2026 18:53:55 +0530 https://www.taxtmi.com/news?id=73036