IBC India Critique: A Solar Man’s Truth vs Academic Myths
IBC India critique by Kunwer Sachdev, Solar Man of India: 4 insolvency myths debunked with real, ground-level Su-Kam experience.
IBC India critique by Kunwer Sachdev, Solar Man of India: 4 insolvency myths debunked with real, ground-level Su-Kam experience.
The IBC promised fair valuation and liquidation value as the pillars of a transparent process. I watched both fail at Su-Kam. A ₹300 crore fair-value company sold for a pittance — banks got ₹8 crore. This is what really happens.
An IBBI penalty hit both the RP and the liquidator—yet nobody compensated the entrepreneur. Article 10 of The IBC Files by Kunwer Sachdev.