Author
Associate, Shardul Amarchand Mangaldas
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The IBC, especially after its 2018 amendment, has shifted the power dynamics in favour of homebuyers, enabling them to take legal action and participate in decision-making processes.Anoop Rawat, Partner and Ahkam Khan, Associate at Shardul Amarchand Mangaldas & Co.
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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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