The Insolvency and Bankruptcy Board of India (IBBI) in its latest newsletter said that over the years since the introduction of the Insolvency and Bankruptcy Code (IBC), more companies are getting resolved, and the number of liquidations is going down.
“There is a visible trend reversal in the number of companies going into liquidation under the Code. While the liquidation process has undergone important course corrections over the years, there is scope for further improvement,” IBBI chairperson Ravi Mittal said.
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IBBI further said that in 2017-18, for every one case that was resolved, five companies would go into liquidation. In 2024-25, till December, IBBI data showed that for every one…
