ET Markets
Stock Analysis, IPO, Mutual Funds, Bonds & More

Insolvency law to have positive impact on debt market: Sebi chief

Ajay Tyagi expressed hope that positive impact will be visible in five years.

Last Updated: Dec 16, 2019, 05.47 PM IST|Original: Dec 16, 2019, 05.41 PM IST
Sebi Chairman Ajay Tyagi on Monday expressed hope that positive impact of the insolvency law will be visible on the domestic corporate debt market in five years.

Describing the Insolvency and Bankruptcy Code (IBC) as a "landmark reform" in the country's economic history, Tyagi said the Code has brought in behavioural changes among corporate debtors.

The Code came into force in December 2016.

Also Read

Cabinet clears ordinance to further amend insolvency law

Challenges have made insolvency law stronger, says IBBI chief

Govt mulling special window for NBFCs under insolvency law

Insolvency law amendments to ensure greater timeliness: Sitharaman

Add Your Comments
Commenting feature is disabled in your country/region.

Other useful Links

Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service