More than 8,800 Corporate Insolvency Resolution Processes (CIRPs) had been admitted under the Insolvency and Bankruptcy Code (IBC) till December 2025, with creditors realising over Rs 4.11 lakh crore through approved resolution plans, Financial Services Secretary M Nagaraju said on Tuesday, PTI reported.More than 4,000 corporate debtors have also been rescued through resolution, settlements, withdrawals or appeal-related closures, he said while addressing a workshop on the Insolvency and Bankruptcy (Amendment) Act, 2026.The workshop was organised to deliberate on the impact of recent amendments to the IBC on the banking sector and improve stakeholder understanding regarding implementation of the amended provisions of the Code,…
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