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Getting a move on: Is it time for pre-packaged insolvency in India?

The Insolvency and Bankruptcy Code, 2016 (Code) in India has undoubtedly proved to be successful. Not only has the Code drastically reduced the time taken for insolvency resolution (from 4.3 years to 1.6 years), it has also significantly improved recovery rates for creditors (from 26.5 to 71.6 cents on the dollar).

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Tags Ibc, Nclat, Restructuring

Anjali Anchayil Partner

Anjali specialises in commercial arbitrations, litigation and complex corporate insolvencies. She handles a wide variety of matters before the Supreme Court of India, various High Courts, the National Company Law Tribunal (NCLT), the National Company Law Appellate Tribunal and arbitral tribunals.

Dheeraj Nair Partner

Dheeraj is a Partner with JSA since 2009. Dheeraj has over two decades of experience advising and representing clients on complex arbitrations, litigations and regulatory proceedings.