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Resolution Process : All

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  • ‘IL&FS Gave Loans Without Security Cover
    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.
  • Finance Ministry
    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.
  • Parliament
    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.
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