In May of last year, India adopted a regime for personal insolvencies and bankruptcies as part of a comprehensive new Insolvency and Bankruptcy Code. The Code was drafted and enacted in a very short amount of time, and the personal insolvency and bankruptcy provisions received considerably less...

The key to the global competitiveness of Indian economy lies in building a high-class infrastructure” such as transportation, communication and power, facilitates the growth of economic activities to contribute national or state GDP through Revenue mobilization. The study attempts to evaluate...

In December 2019, the Insolvency and Bankruptcy Board of India (IBBI) notified provisions for insolvencies of personal guarantors to corporate debtors under that country's Insolvency and Bankruptcy Code, thereby putting those provisions into force. The IBBI has released regulations for cases...

This study examines liquidity management in commercial banks of India. The major aims of the study are to find empirical evidence of the degree to which effective liquidity management affects profitability in commercial banks and how commercial banks can enhance their liquidity positions....

This study assesses the classification accuracies of two statistical methods namely, multiple discriminant analysis and logistic regression approach in default prediction. It uses a small sample of 32 India firms listed on Bombay Stock Exchange for the sample period of six years over 2010-11 to...

Bankruptcy is a menacing situation, which the investors, businesses, and the economy are afraid of, due to its adverse effects. Prediction of bankruptcy can help the investors and businesses in formulating their strategies in order to improve their profits or at least avoid losses. Researchers...

Stringent bankruptcy laws are generally understood to increase the costs of failure and thus not conducive for entrepreneurship. In this paper, theory is developed and tested exploring the moderating influences of the dimensions of culture — individualism — collectivism, masculinity–...

India experienced a major structural change with the enactment of the Insolvency and Bankruptcy Code, 2016. Since then, India's ranking under the Insolvency head in the World Bank Group's Doing Business report has sharply risen from 136 to 103. India was also awarded the Global Restructuring...

The Insolvency and Bankruptcy Board of India has a statutory responsibility to gather and disseminate information about India's new insolvency and bankruptcy system. That system is still in its infancy, and the Board has a unique opportunity to design a comprehensive approach to generating,...

In 2016, the Indian Parliament passed the Insolvency and Bankruptcy Code (IBC). The Government has chosen to notify only the part on corporate insolvency. It is expected that the part on personal insolvency will be notified for individuals with business debt and personal guarantors. In this...