Economy Why litigation financing is witnessing a sudden surge in popularity in India Updated : September 26, 2019 06:59 AM IST The IBC overhauled liquidation laws in India, making it easier for creditors to institute insolvency resolution proceedings against defaulters within a deadline. Large conglomerates in the infrastructure and EPC sector are entering into TPF arrangements with investment management companies in an attempt to deal with stressed assets. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.