Resolution Process : All

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Prudhviraj Rupavath
Only 19% of IL&FS Group’s Rs 99K Crore Debt Resolved by New Board in 2 Years
26 Oct 2020
The collapse of the IL&FS Group has had a cascading impact on the Non-Banking Financial Companies sector, Mutual Funds sector and the country’s financial markets for several months.
Newsclick Report
Only 12% Amount Realised by Creditors During December Quarter Under IBC
24 Feb 2020
As of end of December 2019, Rs 1.58 lakh crore were realisable in cases resolved under Corporate Insolvency Resolution Processes.
Newsclick Report
Parliament Passes IBC Amendment Bill That Leaves Key Concerns Unaddressed
29 Jul 2019
Of the total 1857 insolvency cases admitted for resolution under IBC Code, resolution plan was approved in only 94 cases, at a recovery rate of 43%, as of 31 March 2019.