qthe-insolvency-and-bankruptcy-code-ibc-has-provided-a-major-stimulus-to-ease-of-doing-business-enhanced-investor-confidence-and-helped-encourage-entrepreneurship-critically-analyze

Q.1)The Insolvency and Bankruptcy Code (IBC) has provided a major stimulus to ease of doing business, enhanced investor confidence, and helped encourage entrepreneurship. Critically analyze. 

Why this question:

Important part of GS paper III.

Key demand of the question:

Reforms that have been brought by the IBC and concerns associated with it. Also suggest measures for reform.

Directive:

Critically analyse- The key to tackling this question is providing ample evidence to support the claims. Ensure that the analysis is balanced by shedding light on, and presenting a critique of, and alternative perspectives. Present extensive evidence taken from a varying range of sources.

Introduction:

Briefly introduce the IBC and its objective.

Body:

In the first part, categorically write about the significance of IBC. Use some examples where IBC has been effective.

In the next part, write about the challenges associated with IBC.

Conclusion:

Conclude with a way forward.