Don’t miss the latest developments in business and finance.

Positive impact of the insolvency law to be visible in 5 years: Ajay Tyagi

The Code came into force in December 2016

Ajay Tyagi, Chairman, SEBI
Ajay Tyagi, Chairman, SEBI | Photo: Kamlesh D Pednekar
Press Trust of India New Delhi
1 min read Last Updated : Dec 16 2019 | 5:46 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

Topics :Ajay TyagiSebi normsInsolvency and Bankruptcy Code

First Published: Dec 16 2019 | 5:15 PM IST

Next Story