A Study Of Insolvency And Bankruptcy Code And Its Impact On Macro Environment Of India
Srijan Anant,  Aayushi Mishra
IBC is the second most crucial reform in the legal setting of India. It is because IBC is not only making India emphatically powerful in the field of the legal environment but also provides a new identification and recognition at the global platform economically. The Insolvency and Bankruptcy Code, 2016 is the bankruptcy law of India which seeks to consolidate the existing framework by creating a single law for insolvency and bankruptcy. The paper studies the distinguish features and the legal framework of the code. The study is descriptive in nature. In line with that, The paper also presents impact of Insolvency and Bankruptcy code on macro environment of India.
Keywords- IBC 2016, Macro Environment, Insolvency, Bankruptcy, Legal Environment of India, Liquidation.
Cite this Article
Srijan Anant,  Aayushi Mishra,   "A Study Of Insolvency And Bankruptcy Code And Its Impact On Macro Environment Of India"
, International Journal of Engineering Development and Research (IJEDR), ISSN:2321-9939, Volume.7, Issue 3, pp.28-35, July 2019, Available at :http://www.ijedr.org/papers/IJEDR1903007.pdf