“With the code in place, non-repayment of loan is no more an option and ownership of the firm is no more a divine right and equity is no more the only route to own a firm,” Murmu said, during an event commemorating the fourth annual day of the Insolvency and Bankruptcy Board of India (IBBI).source https://economictimes.indiatimes.com/industry/banking/finance/banking/insolvency-and-bankruptcy-code-has-resulted-in-substantial-recoveries-gc-murmu/articleshow/78431877.cms
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