https://www.taxtmi.com/news?id=52791 The Insolvency and Bankruptcy Code provided a time bound, structured insolvency resolution process that resolved 1,194 companies by March 31, 2025, enabling creditors to realise Rs.3.89 lakh crore-well above liquidation value and close to assessed fair value. Six legislative amendments and over one hundred regulatory changes were introduced to strengthen the framework and reduce delays, while capacity building for insolvency professionals and international collaboration improved implementation. The IBC channel accounted for nearly half of scheduled commercial banks' recoveries in FY 2024-25, supporting lower non performing assets and banking sector stability. en-us Mon, 18 Aug 2025 17:28:10 +0530 Mon, 18 Aug 2025 17:28:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=52791 The Insolvency and Bankruptcy Code provided a time bound, structured insolvency resolution process that resolved 1,194 companies by March 31, 2025, enabling creditors to realise Rs.3.89 lakh crore-well above liquidation value and close to assessed fair value. Six legislative amendments and over one hundred regulatory changes were introduced to strengthen the framework and reduce delays, while capacity building for insolvency professionals and international collaboration improved implementation. The IBC channel accounted for nearly half of scheduled commercial banks' recoveries in FY 2024-25, supporting lower non performing assets and banking sector stability. News - Mon, 18 Aug 2025 17:28:10 +0530 https://www.taxtmi.com/news?id=52791