MESSAGE FROM CHAIRMAN, EDITORIAL BOARD, IIIPI
Dear Professional Colleagues!
"Imagination is more important than knowledge. For knowledge is limited, whereas imagination embraces the entire world, stimulating progress, giving birth to evolution". These words by Nobel laureate Albert Einstein inspire us to think out of the box, dream big and achieve those dreams. At ICAI and IIIPI, we continue to strive toward generating knowledge and implementing innovative ideas to strengthen the insolvency ecosystem in the country, contributing meaningfully to the vision of a Viksit Bharat in 2047.
India's insolvency regime has undergone several reforms aimed at addressing operational challenges and enhancing the efficiency and effectiveness of various processes under the Insolvency and Bankruptcy Code, 2016 (IBC). In this context, the use of technology has emerged as a great enabler – a tool that needs to be continually explored and evolved. READ MORE...
MESSAGE FROM CHAIRMAN, GOVERNING BOARD, IIIPI
Dear Member!
The insolvency regime has been crucial in enhancing the country's economic resilience by enabling efficient reallocation of resources, promoting healthy competition, and maintaining confidence in the financial system. Due to the path-breaking economic reforms in the past decade, such as the Insolvency and Bankruptcy Code, 2016 (IBC), Goods and Services Tax (GST), etc., the Indian economy has successfully sailed through recent global slowdowns caused by geopolitical and cyclical factors.
This resilience in the Indian economy was not achieved overnight. Besides ensuring respectful exit for genuine business failures, the IBC has introduced a transparent mechanism to rescue businesses, release idle resources back into the economy and strengthen the banking system. READ MORE...
EDITORIAL
From Editor's Desk
ADDRESS
Address By Dr. M. S. Sahoo, Former Chairperson, IBBI
ARTICLES
CASE STUDY
Reviving Excellence: The Transformative
Journey of Oliver Engineering Pvt. Ltd. under the IBC Regime - Sumit Shukla
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