3/4th of liquidated companies were in BIFR or defunct: IBBI data – Business Standard
In the three months after the suspension on triggering insolvency was lifted on March 24, a total of 126 new corporate insolvency cases were admitted, according to the latest data released by the Insolvency and Bankruptcy Board of India (IBBI). Till June, about 47 per cent of the corporate insolvency resolution processes (CIRPs), which were…