Insolvency resolution requires innovation; over regulation is not a solution: IBBI chief Ravi Mital1 min read
While acknowledging that the IBC has issues related to delays and haircuts, among other things, Mital said the Insolvency and Bankruptcy Board of India (IBBI) did an analysis which showed that the IBC is for resolutions but it is being evaluated on the basis of performance or haircuts.
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