Reforms needed to boost speed, recovery rates and judicial efficiency of India’s insolvency and bankruptcy framework

Data indicates that resolutions completed within 330 days resulted in a 49% recovery rate under the IBC, while those resolved between 330-600 days achieved a 36% recovery rate. In contrast, resolutions that dragged beyond 600 days resulted in a substantially lower 26% recovery rate. https://ift.tt/Hy24wtO