‘Persistent and systemic challenges’ undermine IBC’s full potential: Parliamentary committee
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The Insolvency and Bankruptcy Code (IBC) has so far played a significant role in enhancing India’s ease of doing business, but despite its successes, there are “persistent and systemic challenges” that undermine its optimal performance, the Parliamentary Standing Committee on Finance has said. In…