---
title: "Why is the Insolvency and Bankruptcy Code important for creditors?"  
description: "Why is the Insolvency and Bankruptcy Code important for creditors?"  
author: "Erick Wilsom"  
published: 2023-10-23  
updated: 2023-10-23  
canonical: https://answers.mindstick.com/qa/104513/why-is-the-insolvency-and-bankruptcy-code-important-for-creditors  
category: "indian economy"  
tags: ["indian economy"]  

---

# Why is the Insolvency and Bankruptcy Code important for creditors?




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Original Source: https://answers.mindstick.com/qa/104513/why-is-the-insolvency-and-bankruptcy-code-important-for-creditors

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