4. What is the significance of the Insolvency and Bankruptcy Code, 2016 (IBC)? Why is it needed in India? Posted by IASbaba Categories Uncategorized Date February 10, 2017 Comments 18 comments [New Batch] IASbaba’s Courses- UPSC 2021 : e-CLP, ILP, AIPTS, TLP Connect- ADMISSIONS OPEN! -> Click Here Share: IASbaba