Insolvency and Bankruptcy Code has resulted in substantial recoveries: GC Murmu

“With the code in place, non-repayment of loan is no more an option and ownership of the firm is no more a divine right and equity is no more the only route to own a firm,” Murmu said, during an event commemorating the fourth annual day of the Insolvency and Bankruptcy Board of India (IBBI).

from Banking/Finance-Industry-Economic Times https://ift.tt/33hhP5v