Published Paper Details:

Through this secondary data-based research article, the author hopes to highlight the identification and analysis of new NPA patterns as well as a detailed study of the Insolvency & Bankruptcy Code, 2016. The impact of IBC, 2016 in India is the main subject of the research. Key IBC provisions and the introduction of NPA are covered in the work. Specialized literature was chosen and employed for research, which gives the idea more vitality. Research papers, publications, and webpages are examples of secondary data. Because of its direct connection to SBI, the case study of Bhushan Steel, which was bought by Tata Steel, has been elevated on purpose. Additionally, IBC's quantitative and qualitative analyses were discussed. The effectiveness of IBC as a remedy for non-performing assets (NPAs) and emerging trends in NPAs were succinctly described. At the conclusion of the study, a diagrammatic depiction was used to show the effects of insolvency and bankruptcy in India. A few shortcomings of the IBC Act were also mentioned in the conclusion, along with the use of the BIFR Act of 1985 and the SARFAESI Act of 2002.