India's financial and economic landscape had a long-standing issue that was addressed with the introduction of the Insolvency and Bankruptcy Code (IBC). India's insolvency and bankruptcy resolution system was disjointed, sluggish, and frequently ineffectual prior to the IBC's introduction.India's current legal system for handling bankruptcy matters was unwieldy and lacked a clear, dea... https://www.dnaindia.com/business/report-insolvency-process-thrives-in-indian-markets-leading-corporate-lawyer-dr-kislay-panday-affirms-its-effective-3065018