Entrepreneurship and Insolvency: Why Rules of Exit Matter to Those Entering the Market

Quinquennial of Insolvency and Bankruptcy Code, 2016, Insolvency and Bankruptcy Board of India (2021)

6 Pages Posted: 5 Oct 2021 Last revised: 21 Oct 2021

See all articles by M. P. Ram Mohan

M. P. Ram Mohan

Indian Institute of Management Ahmedabad

Vishakha Raj

Indian Institute of Management Ahmedabad

Date Written: October 1, 2021

Abstract

This article provides a conceptual overview of how insolvency law interacts with entrepreneurship. In doing so, it identifies the characteristics of insolvency regimes that are best suited for promoting innovation and enterprise creation. We specifically look at the Indian insolvency regime and contrast with the insolvency models in the UK and US.

Keywords: entrepreneurship, insolvency, Insolvency and Bankruptcy Code 2016, MSMEs, UK Insolvency Act 1986, Chapter 11 US Bankruptcy Code

JEL Classification: K21, K10, K2, F23

Suggested Citation

M. P., Ram Mohan and Raj, Vishakha, Entrepreneurship and Insolvency: Why Rules of Exit Matter to Those Entering the Market (October 1, 2021). Quinquennial of Insolvency and Bankruptcy Code, 2016, Insolvency and Bankruptcy Board of India (2021), Available at SSRN: https://ssrn.com/abstract=3909799

Ram Mohan M. P. (Contact Author)

Indian Institute of Management Ahmedabad ( email )

Vastrapur
Ahmedabad, Gujarat 380015
India

Vishakha Raj

Indian Institute of Management Ahmedabad ( email )

Vastraour
Ahmedabad, 380015
India

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