Impact of Insolvency & Bankruptcy Code, 2016 on Commercial Banks
Vatsal Dipakbhai Ruparel and Jay Manojbhai Vanzara
Baroda School of Legal Studies, Faculty of Law, The Maharaja Sayajirao University of Baroda , India
Baroda School of Legal Studies, Faculty of Law, The Maharaja Sayajirao University of Baroda , India
Volume II – Issue I, 2020
This article deals with the affect of The Insolvency and Bankruptcy Code, 2016 on the commercial banks and further as to how it impacted the Indian banking system and economy. Banking system has been explained in brief hereby. The IBC, 2016 has also been dealt with with its regard to the amendments which should be brought in it and which have been brought in. This article delves into the related aspects in a detailed manner.
Keywords: Insolvency, Bankruptcy, Assets, Stressed, Economy, Scheduled, financial, operational, sector, Amendment