IBC Resolution: Average Time Taken For CIRP Liquidation At 3-Year High, Says Report – Top Speed News
Corporate Insolvency Resolution Process Insolvency and Bankruptcy Code: The share of ongoing cases under CIRP for 90 days and below was at a three-year low of 10 per cent in 1QFY24 The average time taken for a corporate insolvency resolution process (CIRP) yielding through resolution or liquidation is at a three-year high for all stakeholders,…