What is the IBC Route for Settlements in India?
In the corporate world today, financial stress is one of the few things you have to accept one way or another. Debt defaults whether triggered by a topsy-turvy market, pandemic workflow obstacles, or a slowdown in the world economy hit companies and their lenders where it hurts. When such situations arise, the problem needs to be solved in a structured way in a fair manner, and India came up with the idea of the Insolvency and Bankruptcy Code (IBC).
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