https://www.taxtmi.com/news?id=43430 The Insolvency and Bankruptcy Code (IBC) has prompted early debtor action and improved credit discipline, with over thirty thousand pre-admission settlements and numerous CIRPs concluding in resolution that realised recoveries above liquidation benchmarks. Many resolved CIRPs involved defunct companies that were revived, yielding asset growth, higher capital expenditure, market valuation gains, and improved liquidity. Conference participants advocated using artificial intelligence to speed admissions, assess plans, attract bidders, and predict insolvencies; refining the Code for timely liquidation orders and better handling of PUFE transactions; and employing blockchain to enhance transparency and secure data sharing in insolvency proceedings. en-us Sat, 10 May 2025 17:16:03 +0530 Sat, 10 May 2025 17:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=43430 The Insolvency and Bankruptcy Code (IBC) has prompted early debtor action and improved credit discipline, with over thirty thousand pre-admission settlements and numerous CIRPs concluding in resolution that realised recoveries above liquidation benchmarks. Many resolved CIRPs involved defunct companies that were revived, yielding asset growth, higher capital expenditure, market valuation gains, and improved liquidity. Conference participants advocated using artificial intelligence to speed admissions, assess plans, attract bidders, and predict insolvencies; refining the Code for timely liquidation orders and better handling of PUFE transactions; and employing blockchain to enhance transparency and secure data sharing in insolvency proceedings. News - Sat, 10 May 2025 17:16:03 +0530 https://www.taxtmi.com/news?id=43430