News & Media 1st Dec 2025

India’s bankruptcy code has matured, encouraging more financial creditors to recover their dues

Authors

Mukesh ChandSenior Counsel | Mumbai

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Our Partner, Mukesh Chand shares his insight in LiveMint’s article, “India’s bankruptcy code has matured, encouraging more financial creditors to recover their dues.”

He explained that when the Insolvency and Bankruptcy Code was first implemented in 2016, banks were still getting accustomed to the framework, but over time they’ve increasingly adopted IBC’s mechanisms—such as time-bound resolution, avoidance actions, and priority in the liquidation waterfall—which has encouraged financial creditors to lead insolvency filings over operational creditors.

Read the article here

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