Updated May 19, 2025 12:22 IST
A significant contributor to the improved performance in FY25 was the appointment of 20 new NCLT members in February 2025, which helped alleviate case backlogs and expedite resolutions.
(Reported and Authored by Anjali Palod)
Creditors are poised to recover over ₹67,000 crore through resolutions under the Insolvency and Bankruptcy Code ( IBC ) in FY25, marking a 42% increase from the ₹47,206 crore recovered in FY24. This uptick comes as the National Company Law Tribunal ( NCLT ) resolved 284 cases this fiscal year, slightly up from 275 in FY24, year-end data from NCLT shows.
Since its inception in 2016, the IBC has facilitated the resolution of distressed assets worth over ₹4.4 lakh crore, aiming…
