Proclaiming the Stark Realities: An Enquiry into the Multifaceted Challenges Encountered by the Insolvency Professionals in Corporate Restructuring and Asset Recovery—A Thematic Analysis

Merin Johnson & Remya Ramachandran

Vikalpa2026https://doi.org/10.1177/02560909261424010article
AJG 1
Weight
0.50

What the paper says

Insolvency professionals play key roles, such as resolution professionals, bankruptcy trustees and liquidators. They facilitate the implementation of the Insolvency and Bankruptcy Code (IBC), ensuring efficiency, transparency and credibility. The core objectives of IBC—resolution and maximization of value—are realized through corporate restructuring and asset recovery, led by insolvency professionals. However, limited academic attention has been given to the practical challenges, which this article examines through a qualitative approach. Semi-structured interviews were conducted with insolvency professionals and analysed. Key challenges include regulatory complexity, information gaps, valuation issues, creditor negotiations, structural ambiguity and reputation risks. The findings suggest areas for policy improvement.

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https://doi.org/https://doi.org/10.1177/02560909261424010

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@article{merin2026,
  title        = {{Proclaiming the Stark Realities: An Enquiry into the Multifaceted Challenges Encountered by the Insolvency Professionals in Corporate Restructuring and Asset Recovery—A Thematic Analysis}},
  author       = {Merin Johnson & Remya Ramachandran},
  journal      = {Vikalpa},
  year         = {2026},
  doi          = {https://doi.org/https://doi.org/10.1177/02560909261424010},
}

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.