The entire process of debt resolution under Corporate Insolvency Resolution Process (CIRP) takes nearly 300 days compared to 5-8 year time taken under the process prescribed by Board for Industrial
IBC takes 300 days, BIFR took 5-8 yrs: IBBI chairman M S Sahoo
As many as 12,000 cases have been filed since the implementation of the IBC and setting up of NCLT, shows government data
 "Insolvency and Bankruptcy Code: Firms cope with changing landscape")
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First Published: Apr 1 2019 | 0:33 AM IST
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