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Evaluation of IBC after 3 years of its Enactment

June 10, 2019[2019] 106 taxmann.com 43 (Article)
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The IBC is a shining example which has been enacted in order to tackle the non-performing assets of banks. The Apex Court has played a positive role so far in maintaining the sanctity of the IBC process and remarked that the flow of financial resources to the commercial sector in India has increased exponentially as a result of financial debts being repaid.
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