The session highlighted the importance of the role of the information utility in removing information asymmetries and creating an enabling environment where the debtor and creditor mutually arrive at a negotiated resolution plan. He stressed that “IBC is not just CIRP” and IPs should look at themselves as restructuring professionals and strive for resolutions without necessarily initiating CIRP. NeSL’s MD & CEO, Shri Debajyoti Ray Chaudhuri, delivered a lecture on “Addressing asymmetries in information related to Debt & Default” at the Indian Institute of Corporate Affairs (IICA), Manesar, on 4 August 2026, to the Post Graduate Insolvency Programme (PGIP) Students as a part of their interactions with leaders from the IBC Ecosystem titled ‘Meet the Legend’.
The session highlighted the importance of the role of the information utility in removing information asymmetries and creating an enabling environment where the debtor and creditor mutually arrive at a negotiated resolution plan. He stressed that “IBC is not just CIRP” and IPs should look at themselves as restructuring professionals and strive for resolutions without necessarily initiating CIRP.
