Key stakeholders point to chinks in Insolvency and Bankruptcy Code3 min read . Updated: 12 Mar 2019, 05:52 AM IST
- Companies are complaining about the endless host of litigation that they face under IBC code
- Operational creditors, who are unhappy with the settlements, often stall the insolvency process
Mumbai: Now that two years have passed since the first major acquisitions under Insolvency and Bankruptcy Code (IBC), several players—buyers, investment bankers and dissatisfied creditors—are slowly opening up about what they see as chinks in India's bankruptcy law.
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