Sitharaman Marks 10-Year Milestone of the Insolvency Code

The Insolvency and Bankruptcy Code reached its 10-year milestone today, prompting reflections from Finance Minister Nirmala Sitharaman on its impact. She credited the law for moving India toward a time-bound resolution system that preserves asset value and protects the interests of lenders. This balance has been key to sustaining economic momentum and encouraging greater investment inflows.