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The IBC is currently available only to corporate entities, covering a mere 0.1% of potential beneficiaries, says M.S. Sahoo.
Since 2016, IBC has enabled the direct resolution of ₹12 lakh crore of debt for around 1,200 cases of stressed borrowers.
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ABP - Live on MSNIBC helps resolve over Rs 26 lakh crore debt in India in 9 years: Report
Mumbai: Nine years after the launch of the Insolvency and Bankruptcy Code (IBC), India has managed to resolve debt worth more ...
“Canada needs a federal co-ordinating agency to guide emergency preparedness and recovery,” said Craig Stewart, IBC’s vice-president of climate change and federal issues. “Every other G7 country has ...
The Insolvency and Bankruptcy Code (IBC) has helped resolve over Rs 26 lakh crore of stressed debt in India since its ...
MUMBAI: The Insolvency and Bankruptcy Code (IBC), introduced nine years ago in May 2016, has enabled direct resolution of Rs ...
NCLAT Delhi held that default occurred on 25th March 2023 which is well beyond the outer limit of section 10A of the Insolvency and Bankruptcy Code, 2016 which squarely brings the claim within the ...
NCLAT Delhi held that it is well settled proposition of law that for a pre-existing dispute to be a ground to nullify an ...
The IBC promised swift resolution, but delays persist. Average time for resolved cases now stands at 597 days—nearly double ...
IBC Airways spent over $100,000 on flight equipment, uniforms and furniture to install an office at Antoine Simon ...
According to IBC, home insurance policies cover certain types of water damage only if optional coverage was purchased. This ...
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