While the Insolvency and Bankruptcy Code (IBC) has successfully chartered a new era in the history of bankruptcy resolution in India, it needs reform in order to speed up resolution and recovery from insolvency firms. Analyse. – INSIGHTSIAS

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9. While the Insolvency and Bankruptcy Code (IBC) has successfully chartered a new era in the history of bankruptcy resolution in India, it needs reform in order to speed up resolution and recovery from insolvency firms. Analyse. (250 words)

Reference: Live Mint , Insights on India

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