TaxTMI 
TaxTMI 
18,782 cases filed under Insolvency & Bankruptcy Code
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....8,782 cases filed under Insolvency & Bankruptcy Code <br>News and Press Release<br>Dated:- 3-12-2019<br><BR>As on 30th June, 2019, a total of 18,782 cases have been filed under Insolvency and Bankrupt....
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....cy Code (IBC), 2016, of which 2,173 cases have been admitted under IBC. Out of 2,173 admitted cases, 1,274 cases were ongoing under different stages of resolution process, 129 cases have resulted in r....
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....esolution, 491 cases have been approved for commencement of liquidation process, 279 cases have been closed by appeal/review/settlement/withdrawn u/s 12A of IBC. The action is taken as per the provisi....
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....ons of the IBC in all the cases admitted under the IBC. This was stated by Shri Anurag Singh Thakur, Minister of State for Finance & Corporate Affairs, in a written reply to a question in Rajya Sabha....
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.... today.<BR> News - Press release - PIB....