The Survey noted that while the previous decade offered testament to IBC’s legal framework and design, the next phase of IBC should combine process reform with a rapid scaling of capacity
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The Economic Survey 2025-26 cautioned that extended insolvency timelines can trigger value erosion – assets deteriorate, employees depart, customers shift to competitors, and supplier relationships break down, even as it flagged institutional constraint at the level of the courts as well as the Resolution Professionals (RPs)
The Survey noted that the National Company Law Tribunal (NCLT) holds a pendency of nearly 30,600 cases (as of March 2025) with…