Allow court management by private players to reduce insolvency delays, says Amitabh Kant

Former NITI Aayog CEO Amitabh Kant suggested that India should outsource court management for insolvency proceedings to private players to reduce delays and improve creditor recovery. Speaking at the IBBI annual meeting, Kant emphasized the need for a second round of reforms to strengthen the Insolvency and Bankruptcy Code (IBC), with the government considering amendments following a comprehensive review.

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