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    Abhishek Mukherjee

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    Moneycontrol

    IBC Amendment Bill brings in essential reform to speed up insolvency resolution

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    IBC Amendment Bill brings in essential reform to speed up insolvency resolution

    The underlying principle of IBC is that quick resolutions are more likely to preserve value in firms going through an insolvency process. The track record, however, is of timelines being breached frequently. The amendment bill tries to find a solution to delays and simultaneously empower creditors

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