Mumbai, March 15 -- Now that two years have passed since the first major acquisitions under the Insolvency and Bankruptcy Code, several players-buyers, investment bankers and dissatisfied creditors-are slowly opening up about what they see as chinks in the law. These include repeated litigation-both during and after the process-missing physical assets in plants, the lack of judges and questions over the integrity of promoters of distressed businesses and resolution professionals. The cracks in the resolution process are evident from the following developments: -After the acquisition of Monnet Ispat by JSW Steel in September 2018, operational creditor Bharat Heavy Electricals Ltd (BHEL) and unsecured creditor IFCI have challenged the resolut...