Creditor gains control via new insolvency rules

Creditor gains control via new insolvency rules. The amendment allows creditors to initiate insolvency resolution, shifting power from defaulting promoters. This may accelerate resolution timelines and improve recovery rates under IBC. Market sees enhanced creditor confidence in stressed asset deals.

📊 STOCKS: | 🏢 SECTOR: Legal | #MEDIUMIMPACT #Insolvency