According to the data, 60 per cent of bankruptcy cases are pending for over 270 days under the IBC
Bad bank and AMC may get 15 per cent of upside recovery in NPAs resolved in first year itself
Analysts expect the 'bad bank' to improve the balance sheet of banks, and aid incremental cash flow. However, a delayed resolution may dent the asset's value over time
Gaming the system leads to losses to lenders
With Jaypee in its kitty, Suraksha will get highly visible assets such as the Noida-Agra Expressway and the land bank around the expressway, and 730-bed hospitals in Noida and Bulandshahr
Over 20K cases pending and more than half linked to insolvency, bankruptcy
A stretched rescue process reveals critical deficiencies in India Inc's corporate layering and resolution mechanism worsened by the pandemic
The Insolvency and Bankruptcy Code has been in force for four years and provides for a time-bound and market-linked resolution framework for stressed assets
Over 13,000 IBC applications are currently pending in NCLT, where only matters seen as urgent are being heard
For 11 out of the 12 cases, the stipulated deadline within which the approved resolution plan has to be filed with the NCLT is over