IBC Success: Rs 10 Lakh Crore Cleared with 28,818 Cases Resolved

Last updated: 19 March 2025

The Insolvency and Bankruptcy Code (IBC) has played a pivotal role in resolving corporate distress, with as many as 40,943 applications filed under the law since its inception in 2016. Of these, a significant 28,818 applications amounting to a total claim of Rs 10 lakh crore were resolved even befor
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