Insolvency regulator IBBI has highlighted a welcome trend of more companies being “resolved” under Insolvency and Bankruptcy Code (IBC) and the number of liquidations going down in recent years.
There is a consistent upward trend in corporate resolutions and a significant downward shift in the number of liquidations, starting from 2020-21, IBBI Chairman Ravi Mital said in latest quarterly newsletter of IBBI.
In 2017-18, for every corporate debtor (CD) that was resolved, five CDs would go into liquidation. However in 2024-25, for every CD that is resolved, 1.3 CDs go into liquidation.
“Therefore, there…
