Диссертацияларининг асосий илмий натижаларини чоп этиш тавсия этилган илмий нашрлар ва Россия

11. DATA AND METHODOLOGY
• The present study is Empirical and an Economic 
Policy Research.
• Research Design – Exploratory Design is chosen for 
this study. Since, the study has to explore the impact of IBC 
on Indian Economy, therefore, it is exploratory in nature.
• Collection of Data – Secondary sources of data 
collection is used. Data is collected from various 
sources, such as, books, publications and reports 
of Reserve Bank of India (RBI), , Insolvency and 
Bankruptcy Board of India (IBBI), Ministry of 
Corporate Affairs (MCA), Press Information Bureau 
(PIB), Securities and Exchange Board of India 
(SEBI), Asian Development Bank (ADB), Planning 
Commission, Ministry of Finance, World Bank Reports, 
United Nations Organisation (UNO) Reports and 
other official publications, Journals, Working Papers, 
Internet sources and Research papers.
• Period of the Data collected – The period of data 
used in the study is from FY 2016-17 to the FY 2019-
20. The data available prior to or at the beginning of FY 
2016-17 is also used to further research.
12. CONCLUSION 
One of the most sought after hallmark features of the 
IBC mechanism is the time period for the insolvency 
resolution process. Albeit the fact that sometimes 
the process under the Code exceeds the timeline 
nonetheless it is still more effective than the long 
court driven problematic process. This implies that the 
corporate re-engineering/restructuring processes under 
the IBC are carried out faster than when they are carried 
out elsewhere. These strategies have revived the ailing/
sick businesses by aiding them in effectively expanding 
their market share, product diversification, reducing 
risks, deploying surplus cash from one profitable 
business in another, enhancing shareholders value, 
becoming globally competitive, making cost-effective, 
etc. The entities go in liquidation only on the failure of 
corporate insolvency resolution process (CIRP). Under 
the Companies Act, 2013 the transferor company had to 
identify the transferee company or vice versa whereas 
once the CIRP is initiated under the Code any qualified 
resolution applicant can submit the plan (of M&A, 
demerger, buy-back of shares, disinvestment, etc) and 
this peculiar feature of the IBC gives wider options for 
the corporate re-engineering/restructuring mechanisms 
to the outside world.