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IBC Resolution: Average Time Taken For CIRP Liquidation At 3-Year High, Says Report
Insolvency and Bankruptcy Code: The share of ongoing cases under CIRP for 90 days and below was at a three-year low of 10 per cent in 1QFY24
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Timeline highest
Past three years
Stay lower
Timelines stretched further
Dominate closure
Ongoing cases crossing
Between admission
Closure reduces
Insolvency and bankruptcy code
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