CIRP RE-ENGINEERING AND RE-STRUCTURING UNDER INSOLVENCY AND BANKRUPTCY REFORMS

Joy Kattadiyil Binoy, Scholar Westminster International University, Tashkent,, Bakhtiyor Anvarovich Islamov, International Economics Chair Tashkent Branch of G.V. Plekhanov Russian Economic University
2021 Scientific Reports of Bukhara State University  
Introduction. This article discusses the theory of corporate restructuring and its importance in the country. Business restructuring is the redesigning of existing business strategies and aspects for various reasons. Usually a corporate's varied challenges and financial adjustments to its assets and liabilities necessitates this process. It analyses how the different avenues of business restructuring exercises such as mergers, acquisitions, amalgamations, compromises, and arrangement are
more » ... ed with in respect to the process provided under the Insolvency and Bankruptcy Code 2016. Introduction followed by brief Literature Review. Research methods are exploratory in nature, since the study has to explore the impact of IBC on Indian Economy. Results and discussions.
doi:10.52297/2181-1466/2021/5/3/11 fatcat:fv5kiooqnndovk25xwzsbwgbnm