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The Insolvency and Bankruptcy Code, 2016, brought to recover bad loans in a timely manner, is on everyone's lips these days. Recently, the government announced temporary suspension of the law as a relief measure for small and medium firms amid the coronavirus pandemic. And on Monday, during the RCom-Jio hearing on whether Jio is liable to pay RCom's AGR dues, the Supreme Court questioned if telecom spectrum can be sold under IBC. This episode aims to explain what is the Insolvency and Bankruptcy Code, 2016. Listen to know all about the law in under 6 minutes. Please send feedback at estatethefourth@gmail.com
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