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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 a…

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 Replying to the debate on the Insolvency and Bankruptcy (Amendment) Bill 2026 in Lok Sabha, the Finance…

Key takeaways

Quick scan — what you need to know:

  • 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…
  • 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

Background

What led here, in plain terms:

  • ble businesses and addressing their financial stress 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…
  • Full context often emerges as officials, markets, or courts add updates.

Why it matters

Why readers and decision-makers should care:

  • 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