Amitabh Kant Advocates Private Court Management to Reduce Insolvency Delays
Amitabh Kant, former CEO of NITI Aayog and G20 Sherpa, has recommended that India outsource court management for insolvency cases to private players in order to reduce delays and improve creditor recovery rates. Speaking at the Insolvency and Bankruptcy Board of India’s (IBBI) annual meeting, Kant emphasized the need for “second generation” reforms to strengthen…