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Stressed asset resolutions under the Insolvency and Bankruptcy Code faced delays due to staff shortages at the National Company Law Tribunal (NCLT) and appellate tribunal. Aviation players, including Go First, sought insolvency protection with limited success. By September, creditors had realized Rs 3.16 lakh crore through IBC resolutions since 2016.

Yogendra aldakAnimesh bishtAbhijeet sinhaCyril amarchand mangaldasRajsekhar raoSaurabh kaliaBar associationNational company law appellate tribunalNational company law tribunalSupreme courtDelhi high courtBankruptcy codeBankruptcy boardCorporate insolvency resolution processesFuture retailSridharan attorneys