Examining the Efficacy of the Insolvency and Bankruptcy Code: A Performance Analysis


  • Shrihari Karanth Senior Research Fellow Department of Studies in Commerce Davangere University, Davangere
  • Rajath Prabu Consultant Ernst & Young, Bengaluru


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The Insolvency and Bankruptcy Code, 2016 (IBC) is a comprehensive Indian law aimed at consolidating insolvency resolution regulations across various entities including individuals, limited liability partnerships, and corporates. Its enactment has yielded favourable outcomes such as enhancing Non-performing assets recovery rates and improving the ranking in resolving insolvency cases. However, significant concerns persist, including delays in proceedings, absence of clear regulations for cross-border insolvency, and a shortage of tribunals. Addressing these issues is imperative for the effective functioning of the IBC.


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How to Cite

Karanth, S., & Prabu, R. (2024). Examining the Efficacy of the Insolvency and Bankruptcy Code: A Performance Analysis. The Management Accountant Journal, 59(4), 37–40. Retrieved from https://icmai-rnj.in/index.php/maj/article/view/173440



Cover Story


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