Author
Anoop Rawat is a Partner with the Firm and has over 15 years of experience. His focus areas include Insolvency & Bankruptcy, Projects, Banking and Finance. Focused on IBC, Anoop has represented clients across a wide spectrum, including resolution professionals, the committee of creditors and the resolution applicants. He has also represented various resolution applicants, foreign portfolio investors, Indian and foreign private equity players, and other strategic investors in evaluating investment through debt, equity and / or other synthetic instruments in Indian opportunities and strategizing the investments inter alia for such investors, through asset reconstruction companies and other partners.
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The Code, over a brief span of 7 years, has come as a respite to the withering economy as it has provided a more efficient and effective system for resolving distressed entities. Though the Code has witnessed noteworthy changes, the same has come with its share of challenges and opportunities writes Anoop Rawat, Partner, Shardul Amarchand Mangaldas
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The successful impact of IBC has been evident with the jump in India’s rankings in World Bank’s Index on Ease of doing business, where India now stands at 63, a massive improvement from 130 in 2016.
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IBC has indisputably been a fairly successful story so far and one that promises a still better future write Anoop Rawat, Partner; and Ahkam Khan, Associate, Shardul Amarchand Mangaldas & Co.
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