IBC Amendment Bill: Credit Hierarchy Restored\, Resolution Plans And Time Limit Binding

Cotton farms flank a national highway in this aerial photograph taken near Faehbad, Haryana, India. (Photographer: Prashanth Vishwanathan/Bloomberg)

IBC Amendment Bill: Credit Hierarchy Restored, Resolution Plans And Time Limit Binding

BloombergQuintOpinion
The government has moved put to rest several hurdles impeding corporate insolvencies in India via an amendment to the law. The actual text of the Insolvency and Bankruptcy Code (Amendment) Bill, 20...