Mentor’s comment- https://indianexpress.com/article/opinion/columns/insolvency-law-ibc-corporate-debt-resolution-bankruptcy-code-nirmala-sitharaman-6704399/ In the intro, briefly define the ARC. In the body mention the role played by the ARC under IBC. Next, mention how their role is constrained by the present rule which allows them to buy the credit by not the equity of the firm under IBC resolution. In the measures suggest allowing … Continue reading What are the Asset Reconstruction Companies (ARC)? What are the challenges ARCs face under the IBC and suggest the measures to increase the role of ARCs in turning around a distressed business. 10 marks