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Insolvency and Bankruptcy Reforms in India (Hardcover, 1st ed. 2022)
Loot Price: R3,052
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Insolvency and Bankruptcy Reforms in India (Hardcover, 1st ed. 2022)
Series: India Studies in Business and Economics
Expected to ship within 12 - 17 working days
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This book is about the establishment of the Insolvency and
Bankruptcy Code, in 2016, one of the most important new
developments in Indian commercial law. The law has major
implications for firms, their creditors, and a variety of the
professional services that feed into the decisions of borrowers and
lenders including lawyers, accountants and valuers. A new
profession of insolvency professionals has come to exist owing to
the law. There are several questions about bankruptcy reform in the
mind of researchers, policy makers and practitioners. How has the
reform progressed? How has it reshaped the incentives of firms?
What are the difficulties faced? What are the optimal paths for
borrowers and lenders and their advisors under the rubric of the
law? How should laws and institutions be modified? The book has a
unique set of chapters, by key people who have shaped the field
which offer novel insights into these questions. The book has been
edited by key people who have worked on bankruptcy reform since
2010. Dr. Sahoo has been the chairperson of the Insolvency and
Bankruptcy Board of India since the establishment of this
regulatory agency. Dr. Thomas was a member of the Bankruptcy Law
Reforms Committee which drafted the IBC, and led the internal team
of the BLRC which drafted the law. The book is an authentic and
credible analysis of the happenings in the Indian insolvency and
bankruptcy ecosystem from the start, with interest areas for
international and domestic, economics/finance and law, researcher
and practitioner communities.
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