Reforms needed to boost speed, recovery rates and judicial efficiency of India’s insolvency and bankruptcy framework

Data indicates that resolutions completed within 330 days resulted in a 49% recovery rate under the IBC, while those resolved between 330-600 days achieved a 36% recovery rate. In contrast, resolutions that dragged beyond 600 days resulted in a substantially lower 26% recovery rate.

Oct 3, 2024 - 13:30

Reforms needed to boost speed, recovery rates and judicial efficiency of India’s insolvency and bankruptcy framework

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

Data indicates that resolutions completed within 330 days resulted in a 49% recovery rate under the IBC, while those resolved between 330-600 days achieved a 36% recovery rate. In contrast, resolutions that dragged beyond 600 days resulted in a substantially lower 26% recovery rate.