India’s Insolvency & Bankruptcy Code is struggling to deliver. It’ll take a decade to clear backlog

New Delhi: India’s Insolvency and Bankruptcy Code (IBC) is struggling to deliver on its core objective—the timely resolution of cases. In 2024-25, the average duration of insolvency resolution stretched 853 days, far exceeding the mandated 330-day limit. With 30,600 cases pending, it would take at least a decade to clear the backlog at the current 30-bench…

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Insolvency & Restructuring | Russell Kennedy

  We have expertise in advisory and litigious matters. These include experience advising clients with unfair preference claims, deeds of company arrangement, personal liability for breaches of directors’ duties, and assisting administrators, liquidators, receivers and managers, and trustees in bankruptcy, with a broad range of matters. Whether we are acting for the…

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No Cookies | Daily Telegraph

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…