10 Years of the IBC
Coming Soon
Ten years after the Insolvency and Bankruptcy Code was enacted, this volume brings together researchers, practitioners, and policymakers to assess what the reform has delivered — and what work remains. The chapters span economics, law, and institutional design, tracing how the IBC has reshaped creditor–debtor relations, the courts, and the insolvency profession in India.
Table of Contents
Part I: The Outcomes
The Economics of the IBC Sanjuktha Athreya, Manish Singh, Susan Thomas
Credit Market Responses: Evidence from Firm-level Data Abishek Seth, Manish Singh
Resolution Applicants and the IBC: Judicial Trends and Interpretive Challenges Debanshu Mukherjee, Akash Chandra Jauhari, Arhat Chhabra
The Evolution of the Insolvency and Bankruptcy Code through the Supreme Court of India Renuka Sane, Boon Verma
Part II: Institutional Ecosystem
NCLT as the Insolvency Adjudicator Sanjuktha Athreya, Pavithra Manivannan
Managing Information under the IBC Anjali Sharma, Susan Thomas
The Insolvency Professional — Design, Reality, and Reform Abizer S. Diwanji
IBBI and the IBC Ecosystem Anant Agarwal, Susan Thomas
Part III: Challenges
Rescue or Liquidation: Market Choice or Policy Bias? M.S. Sahoo
Alternatives to the IBC: Applicability and Efficacy Aparna Ravi, Umakanth Varottil
Timing Matters: Creditor Incentives and Delayed Admission under India’s IBC Rajeswari Sengupta, Anjali Sharma
Revisiting Financial Resolution in India Pratik Datta, Ajay Shah
IBC Sectoral Carveouts: A Principle-Based Framework Aparna Ravi, M.S. Sahoo, Gokul Sunoj
Harmonising Statutory Overlaps: Policy Reforms to Strengthen India’s Insolvency Framework Abhishek Jain, Surya Prakash B.S., Ritima Singh
How the IBC Has Evolved: The Case for a Structured Amendment Process Nevin George, Pavithra Manivannan, Aparna Ravi, Gokul Sunoj
Part IV: New Frontiers
Personal Guarantors and the Indian Insolvency and Bankruptcy Code Adam Feibelman
Cross-Border Insolvency Law in India Risham Garg
The Bankruptcy Reform: Looking Back, Looking Forward Ajay Shah
Part V: Closing
- Learning for Next Stage Reforms Aparna Ravi, Anjali Sharma, Susan Thomas