The Insolvency and Bankruptcy Code 2016 has been criticised for liquidating rather than rescuing the companies. Do you agree with this criticism of the Act? Give reasons in support of your argument. 10 marks

Mentor’s comment- https://indianexpress.com/article/opinion/columns/insolvency-and-bankruptcy-code-corporate-debt-resolution-process-7178980/ In the intro, briefly mention the objective the IBC 2016. In the body, mention that IBC enables … Continue reading The Insolvency and Bankruptcy Code 2016 has been criticised for liquidating rather than rescuing the companies. Do you agree with this criticism of the Act? Give reasons in support of your argument. 10 marks