The effectiveness of the insolvency framework must be enhanced to accelerate recovery timelines that have been stretched beyond their stipulated deadlines, the Economic Survey 2025-26 said on Thursday ...

Rudra said under the pre-packaged insolvency resolution system, the government has given an opportunity for MSMEs to resolve their stress at an early stage while holding control over their business.

The revised IBC Amendment Bill has received Cabinet approval and will be presented in Parliament during the Budget session.

This year’s Economic Survey contains a figure that should trouble all stakeholders in the Indian insolvency system: approximately 30,600 cases are still pending before the National Company Law ...

The government has approved most of the recommendations of the parliamentary select committee led by Baijayant Panda.

The Economic Survey 2025-26 cautioned that extended insolvency timelines can trigger value erosion – assets deteriorate, employees depart, customers shift to competitors, and supplier relationships ...

(MENAFN- KNN India) New Delhi, Feb 5 (KNN) India's insolvency tribunals could take nearly a decade to clear their existing caseload if current disposal rates continue, raising concerns over mounting ...