Bankruptcy boom: India added three insolvency professionals and four valuers a day

By Beena Parmar

  • 20 Feb 2020
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Credit: 123RF.com

India’s three-year-old bankruptcy law has not only opened a fast-track path for creditors to recover their debts from defaulters but has also spawned a whole new industry of insolvency resolution professionals and registered valuers. The Insolvency and Bankruptcy Code (IBC) came fully into effect in December 2016. Since then, more than ......

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