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The Economic Times

Business / The Economic Times

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IBC has been a game-changer, transformed the insolvency landscape: DFS secretary

The Insolvency and Bankruptcy Code (IBC) has significantly improved corporate dispute resolution, fostering transparency and accountability. However, challenges like resolution delays and capacity constraints persist. The proposed seventh amendment aims to address these issues by introducing group and cross-border insolvency, and creditor-initiated processes, enhancing efficiency and global alignment.

28 Jan 2026 5:09 pm