• Anthony Samson
• 2. Ravish B.P

Abstract This paper tries to identify the reasons for bad-loans or NPA which we popular call them, the problem of NPA was traced between the year 2006-2008 itself, but much was not done. Today our economy has reached that stage unless some concrete steps are not taken in the form of stringent law, in the coming days we may have to face the same situation as American had to face in 2008. This paper tries to find out the road map ahead for the Indian economy in the form IBC which tries to revive the stressed assets related to IL&FS companies which have taken huge loans from the Indian Banks. The findings suggest that even though IBC has got a legal nod from all the concerns, still many challenges are yet to face as days to come.

NPA, IBC, RBI, NCLT & IL&FS.

"Non- Performing Assets Resolution -ThroughInsolvency and Bankruptcy Code - A New Promise, for Transparent Banking System in India.", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 10, page no.1-10, October-2018, Available :http://www.jetir.org/papers/JETIRG006001.pdf

"Non- Performing Assets Resolution -ThroughInsolvency and Bankruptcy Code - A New Promise, for Transparent Banking System in India.", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 10, page no. pp1-10, October-2018, Available at : http://www.jetir.org/papers/JETIRG006001.pdf