Govt ready to make more changes, if necessary, to IBC
While noting that the code is a game changer, Corporate Affairs Secretary Injeti Srinivas also sought to dispel certain "myths" regarding the law, including those provisions related to barring of wilful defaulters from the bidding process for stressed assets.
The government is ready, if required, to make further changes to the Insolvency and Bankrutpcy Code, a senior official said today. Image source: Reuters