Synopsis: Several well-known Indian companies, including Future Retail, Go First, Sintex Plastics, GVK Energy, and Jaiprakash Associates, have entered insolvency in the last five years. Their cases reflect the impact of debt burdens, failed deals, operational disruptions, and weak cash flows across sectors such as retail, aviation, plastics, power, and infrastructure.
The past five years have witnessed several prominent Indian companies facing insolvency proceedings under the Insolvency and Bankruptcy Code, reflecting the financial difficulties faced by companies in various sectors. Companies such as Future Retail, Go First, Sintex Plastics Technology, GVK Energy, and Jaiprakash Associates, from various sectors such as…