56. Mains Question- Oct 29, 2018
Discuss the features of the Insolvency and Bankruptcy code. (150 words)
- Theme of the question: Insolvency and Bankruptcy code
- Keyword in the question: ‘Discuss’: narrate various aspects and details about the theme of the question
- Various aspects of the code include: significance of the code, need of the code, objective of the code, benefits of the code and its salient features.
- Also give some examples of how IBC has helped in tackling the issue of Non-performing assets and also improve the ease of doing business in India