International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Call for Papers | Fully Refereed | Open Access | Double Blind Peer Reviewed

ISSN: 2319-7064


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Research Paper | Economics and Business | India | Volume 9 Issue 10, October 2020 | Popularity: 6.4 / 10


     

Insolvency and Bankruptcy Code, 2016 - An Analysis of the Detrimental Economic Impacts

Bhavye Khetan


Abstract: The brief paper analysis the economic impact of the Insolvency and Bankruptcy Code, 2016 of India with special emphasis on the current Recession in the economy. The paper analysis the loopholes in the Code including poor implementation, biased approach, and flawed focus on liquidation. These loopholes have been analyzed on the detrimental economic impacts they carry. Recommendations to improve has also been stated.


Keywords: Economics, Insolvency, Bankruptcy


Edition: Volume 9 Issue 10, October 2020


Pages: 1357 - 1362



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Bhavye Khetan, "Insolvency and Bankruptcy Code, 2016 - An Analysis of the Detrimental Economic Impacts", International Journal of Science and Research (IJSR), Volume 9 Issue 10, October 2020, pp. 1357-1362, https://www.ijsr.net/getabstract.php?paperid=SR201022145855, DOI: https://www.doi.org/10.21275/SR201022145855