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tahlillar va prognozlar
• To examine the role of the IBC in the Economic
Development of India (in the reduction of NPAs,
increase of FDI, Investment and M&A deals and
improvement in EoDB ranking).
• To compare re-engineering /re-structuring
strategies in IBC with Liquidation.
• To make recommendations for expanding the role
of Insolvency Resolution Professional as Turnaround
Professionals.
5. RESEARCH GAP
Many researchers have done research in the field
of banking industry as it has always been a priority
for the country but there are quite a few studies in the
field Non Performing Assets in the banking industry in
India. The Insolvency and Bankruptcy Code, 2016 is
comparatively a new and has never seen India before
2016. Hence, not a lot of research is done in the area
of its impact on the Indian Economy. After careful
study of literature few gaps are found. The IBC has
had a cascading effect on many variables but this study
considers only two or more variables. Little effect is
seen in the 3 years of the implementation of IBC and
after few years full impact of IBC will be seen in the
economy. This research work will add new knowledge
to the banking literature and IBC which will help the
readers to comprehend IBC and NPAs in a better way.
6. NEED OF THE STUDY
A study comparing the state of Indian Economy
before the implementation of the Insolvency and
Bankruptcy Code, 2016 and after its implementation
is of immense help to us to understand the changes
which the Indian economy has witnessed in the last
2-3 years. This study is needed to analyse the impact
of the IBC on the Indian economy and on the banking
sector (through the study of NPAs) and check if the
IBC has been resourceful in the growth of Indian
economy. It is pertinent to study and check that how
it provides a specialized resolution mechanism to deal
with insolvency and bankruptcy cases, NPAs, GDP,
FDI, M&A deals and growth of Credit market in India.
IBC is seen as a tool which can help in improving the
Economic front of India on a global stage by improving
EoDB ranking and thereby leading to increase in FDI.
Insolvency codes globally have taken time to stabilize.
With the proper implementation it can have a positive
impact on the economy.
This research study will help the researchers and the
Government of India in making IBC more powerful for
the growth of the Indian Economy. This study will also
help the Under-Developed and Developing Economies
in laying a strong base on which robust edifice of
Insolvency Law can be made.
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