Has India's insolvency process attained adulthood?

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?

textile industry, company, MSMEs, jobs, employment

1 min read Last Updated : Nov 18 2022 | 2:08 PM IST

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?

Topics :Insolvency and Bankruptcy Code financial sector

First Published: Nov 18 2022 | 2:08 PM IST

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Has India's insolvency process attained adulthood?

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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