Poor run for IBC continues. What ails it?
Everything that could go wrong has gone wrong – political will has weakened, poor regulatory culture endures and the system seems to have been gamed
bankruptcy proceedings
May 2023
April 2022
Bank of India drags Future Retail to bankruptcy court
The lender’s move to seek insolvency proceedings against the embattled retailer is likely to affect its ₹24,713 crore asset sale deal with Reliance Industries.
