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

Issue

Volume 57, Issue 1, January 2022

Section

Cover Story
Crossref
Scopus
Google Scholar
Europe PMC

References

Insolvency and Bankruptcy Code, 2016.

Rules and Regulations of IBC, 2016 issued by IBBI.

CIRP Regulations issued by IBBI.

Preamble of IBC, 2016.