Shardul Shroff, executive chairman at law firm Shardul Amarchand Mangaldas & Co., says the Insolvency and Bankruptcy Code (IBC) needs to be fine-tuned to attract financial investors and to prevent the concentration of businesses in a few hands.
Speaking at the VCCircle Stressed Assets Investment Summit https://www.vccircle.com/shardul-shroff-on-the-ibc-s-torturous-process-and-the-dangers-of-oligopoly/, Shroff also explained why private equity funds are avoiding bankruptcy resolution processes under the IBC. For details, watch the video.
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