Creditors realise *2.43 lakh crore through insolvency resolution process till Sep 2022
The Free Press Journal|November 18, 2022
Creditors have realised 177.55% of liquidation value and 84% of fair value, says IBBI in its quarterly report
Creditors realise *2.43 lakh crore through insolvency resolution process till Sep 2022

Banks, financial institutions and other creditors of stressed companies have realised Rs 2.43 lakh crore through NCLT-supervised insolvency resolution processes against total claims of Rs 7.91 lakh crore till September 30, 2022.

So far 532 CIRPs (Corporate Insolvency Resolution Process) yielded resolution plans, said the quarterly report of the Insolvency and Bankruptcy Board of India (IBBI).

"Till September 30, 2022, the creditors have realised Rs 2.43 lakh crore under the resolution plans.

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