INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
By promoting entrepreneurship and ensuring the effective use of capital, the Insolvency and Bankruptcy Code is put into place in India with the intention of staying in place and advancing the economy. The goal is to promote a pleasant and credit-friendly work environment. This code (IBC) recognizes the contribution that creditors make to the development of an organization and seeks to protect the operations and assets of their debtors from value degradation through an appropriate and quick resolution method. The most recent adjustments are a continuation of efforts to address many of the issues and challenges that were found in the beginning stages of its deployment. This paper focuses on the IBCs Corporate Insolvency Resolution process and its role in India's economic development.
Keywords:
Corporate Insolvency Resolution Process (CIRP), Insolvency and Bankruptcy Code (IBC), Information Utilities (IU) etc
Cite Article:
"Insolvency and Bankruptcy Code: A Catalyst in Acceleration of the Indian Economy ", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.8, Issue 1, page no.a859-a864, January-2023, Available :http://www.ijnrd.org/papers/IJNRD2301096.pdf
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ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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