Why resolution process is virtually impossible under the Insolvency and Bankruptcy Code

Why resolution process is virtually impossible under the Insolvency and Bankruptcy Code http://economictimes.indiatimes.com/industry/banking/finance/banking/ibc-inadequate-infrastructure-inordinate-delays-beset-speedy-debt-resolution-process/videoshow/70144524.cms The central promise of IBC was a time-bound resolution of debt that has gone bad, which, when unresolved for long periods, has a corrosive effect on lenders, investors, liquidity and sentiment.