9911796707
TMI BlogMore than 4,000 cases admitted for corporate insolvency resolution process since FY 2016X X X X Extracts X X X X X X X X Extracts X X X X ..... More than 4,000 cases admitted for corporate insolvency resolution process since FY 2016 X X X X Extracts X X X X X X X X Extracts X X X X ..... resolution process since FY 2016 359 cases resolved with realisable value of more than ₹ 2 lakh crore for creditors As per the information provided by Insolvency and Bankruptcy Board of India ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... [IBBI, the Regulator under Insolvency and Bankruptcy Code, 2016 (IBC)], the following is the year wise details of number of cases admitted for corporate insolvency resolution process under the Code: ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Year No. of corporate insolvency resolution process admitted 2016-17 37 2017-18 706 2018-19 1157 2019-20 1986 2020-21 538 This was stated by Union Minister of State for Corporate Affairs S ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hri Rao Inderjit Singh in a written reply to a question in Rajya Sabha today. Giving more details, the Minister gave Year-wise details of the number of cases resolved along with total amount of admit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ted claims and realisable value for creditors in such cases as following: Year No. of cases resolved Total admitted claims (Rs. in crore) Realisable value (Rs. in crore) 2016-17 0 NA NA 201 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7-18
20
9,115.51
4,754.63
2018-19
79
2,07,082.26
1,11,535.33
2019-20
138
1,95,544.06
66,240.87
2020-21
122
1,63,449.21
27,783.39 X X X X Extracts X X X X X X X X Extracts X X X X
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