The Insolvency and Bankruptcy Code, 2016 was presented in India in 2016 to resolve the problem of bankruptcy. This code solves the cases within a time bound way that is 180 days and this time is extended up to 90 days. There is a different process for companies and individuals to solve the cases. The comparatively perception is checked on various statements through the questionnaire. To fulfil the objectives, the non-parametric test should be used. The study finds that the chartered accountants of Sirsa district are more positive attitude on most of the statements than Rohtak district.