Insolvency and Bankruptcy Code changes to hasten, maximise recovery | Economic Times - Jobs World

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Sunday, September 18, 2022

Insolvency and Bankruptcy Code changes to hasten, maximise recovery | Economic Times

Insolvency and Bankruptcy Code changes to hasten, maximise recovery https://ift.tt/FQhjPWt separate notifications over the weekend, IBBI allowed creditors to sell part assets in case they get more value. More importantly, the regulator also announced a performance-based pay structure for resolution professionals (RPs). Both moves will have far-reaching changes to recoveries, consultants said.

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