Is IBC, 2016 A Cost-Effective Resolution Process For Bank NPAS?

P. Siva Rama Prasad

doi:10.33516/maj.v57i1.34-40p

Is IBC, 2016 A Cost-Effective Resolution Process For Bank NPAS?

Authors

P. Siva Rama Prasad Asst. General Manager (Retd.), State Bank of India, Hyderabad

DOI:

https://doi.org/10.33516/maj.v57i1.34-40p

Keywords:

No Keywords.

Abstract

The Primary Objective of IBC, 2016 is to Consolidate and Amend the Laws relating to Re-organization and Insolvency Resolution of Corporate Persons, Partnership Firms and Individualsâ€, to fix time periods for execution of the law in a time-bound settlement of insolvency (i.e. 180 days) and to Maximize the Value of Assets of Interested Persons.

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Published

2022-01-31

How to Cite

Prasad, P. S. R. (2022). Is IBC, 2016 A Cost-Effective Resolution Process For Bank NPAS?. The Management Accountant Journal, 57(1), 34–40. https://doi.org/10.33516/maj.v57i1.34-40p