Insolvency Reform and Entrepreneurial Resilience — The New Indian Express
The New Indian Express covered the critical conversation around insolvency reform in India, featuring perspectives on how the IBC (Insolvency and Bankruptcy Code) impacts entrepreneurs and the need for a more balanced framework that doesn’t permanently penalize business failure.
IBC
Reform Needed
2024
July Article
Policy
Change Advocate
The article by Anant Merathia highlighted the systemic challenges faced by entrepreneurs under the current insolvency framework, arguing that a more nuanced approach is needed — one that distinguishes between fraudulent defaulters and genuine business failures caused by market dynamics.
“A nation that punishes entrepreneurial failure will never produce the next generation of risk-takers and job creators.”
Source: The New Indian Express, July 2024