Cases over Rs 1,000 crore make up 90% insolvency claim value

An analysis revealed that 15% of insolvency cases, which exceed Rs 1,000 crore, represent 90% of the recoverable value. With delays increasing in resolution times, companies propose dedicated tribunals for high-value cases. The finance minister plans reforms and additional tribunals to expedite insolvency resolutions and prevent asset value loss.

from Cases over Rs 1,000 crore make up 90% insolvency claim value https://ift.tt/FcdEl9T https://ift.tt/fmTuHeI