IBBI chief asks insolvency professionals to be as transparent as possible

IBBI Chairperson Ravi Mital urged insolvency professionals to maintain transparency during the resolution process to enhance bids and minimize haircuts. Speaking at an IIIPI conference, he emphasized the importance of timeliness and transparency in improving the image of the IBC ecosystem. The IBBI plays a crucial role in implementing the Insolvency and Bankruptcy Code.