IBBI marks 2023-24 as significant, NCLT sees 43% more resolutions. Mediation in IBC, prepack insolvency for large corp. Outputs surpass inputs, reducing pendency. Emphasis on MSMEs, asset quality, debtor-creditor collaboration.
NCLT registers 43pc jump in debt resolution cases: IBBI dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.
Citations: 2024 LiveLaw (Mad) 1 To 2024 LiveLaw (Mad) 50NOMINAL INDEX Ganeshkumar v The Principal Secretary to Government, 2024 LiveLaw (Mad) 1 The Principal Commissioner of Income Tax Versus.
Citations: 2024 LiveLaw (Mad) 33 To 2024 LiveLaw (Mad) 44 NOMINAL INDEX R Sasikala Devi v The AAO/ Assistance Secretary and others, 2024 LiveLaw (Mad) 33 L Ganapathy v The Assistant.
The IBC has established a structured framework for resolving insolvency, encouraging collaboration between creditors and debtors to seek mutually beneficial resolutions.