Close-up of a typewriter with the word 'BANKRUPTCY' on paper, surrounded by greenery.

The Insolvency and Bankruptcy Code (IBC): Achievements and Shortcomings

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Published on 26th August 2025 Authored By: Shravani Somnath Motgi School of Law, Mahindra University Introduction The enactment of the Insolvency and Bankruptcy Code, 2016 [1](IBC or “the Code”) has been the most important structural financial and legal reform in Indian history. Enacted as Act No. 31 of  2016, the Code was intended to consolidate […]

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