December 01, 2019 02:07 IST
Data from the Insolvency and Bankruptcy Board of India (IBBI), the sector regulator, is telling. Of the 2,542 corporate insolvency cases filed between December 1, 2016 and September 30, 2019, about 156 have ended in approval of resolution plans — a mere 15 per cent, according to latest data released by the IBBI.
Sun, Dec 01, 2019