Timelines have already run beyond what is permitted by law in many cases. The meeting will deliberate on the possible solutions to bring these cases to a conclusion. The case has been running for one and half years. The IBC permits a maximum of 270 days for settling a case.Executives involved in these 12 large cases are expected to share their experience meticulously. “The government looks committed to upholding IBC as a key tool to control bad loans.”

Source: Economic Times January 20, 2019 16:18 UTC