Has India’s insolvency process attained adulthood?

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Till Sept this year, financial creditors have recovered about 33% of their claims in 553 corporate insolvency processes that ended up getting resolved. Has India’s insolvency process turned a corner?

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Insolvency and Bankruptcy Code | financial sector



textile industry, company, MSMEs, jobs, employment

Till September this year, financial creditors have recovered about 33% of their claims in 553 corporate insolvency processes that ended up getting resolved. So is it a sign that India’s insolvency process turned a corner?


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First Published: Fri, November 18 2022. 14: 08 IST