Sitharaman defends IBC citing higher recoveries and post-resolution performance of firms

Replying to the debate on the Insolvency and Bankruptcy (Amendment) Bill 2026 in Lok Sabha, the Finance Minister said the reason for bringing in IBC was not debt recovery, but rather the rescue of viable businesses and addressing their financial stress

Mar 31, 2026 - 06:30
 0
Sitharaman defends IBC citing higher recoveries and post-resolution performance of firms
Replying to the debate on the Insolvency and Bankruptcy (Amendment) Bill 2026 in Lok Sabha, the Finance Minister said the reason for bringing in IBC was not debt recovery, but rather the rescue of viable businesses and addressing their financial stress

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