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30,000 Cases Settled Under IBC: IBBI
The Business Guardian
|May 11, 2025
He added that 1,194 Corporate Insolvency Resolution Processes (CIRPs) ended in resolution till March 2025, realising Rs 3.89 lakh crore for creditors—about 32 per cent of the total claims.
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Creditors recovered around 170 per cent of the liquidation value and 93.36 per cent of the fair value through resolution plans. Interestingly, about 40 per cent of these CIRPs involved defunct companies, John said, noting that even these were revived through the IBC, contributing to job creation. In such cases, claimants realised 150.33 per cent of liquidation value and 18.96 per cent of their admitted claims. Citing a study by IIM Ahmedabad, John said creditors i
This story is from the May 11, 2025 edition of The Business Guardian.
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