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More than 4,000 cases admitted for corporate insolvency resolution process since FY 2016

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....ore than 4,000 cases admitted for corporate insolvency resolution process since FY 2016 <br>News and Press Release<br>Dated:- 22-3-2022<br><BR>More than 4,000 cases admitted for corporate insolvency r....

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....esolution process since FY 2016 359 cases resolved with realisable value of more than &#8377; 2 lakh crore for creditors As per the information provided by Insolvency and Bankruptcy Board of India [....

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....IBBI, the Regulator under Insolvency and Bankruptcy Code, 2016 (IBC)], the following is the year wise details of number of cases admitted for corporate insolvency resolution process under the Code: Y....

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....ear No. of corporate insolvency resolution process admitted 2016-17 37 2017-18 706 2018-19 1157 2019-20 1986 2020-21 538 This was stated by Union Minister of State for Corporate Affairs Sh....

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....ri Rao Inderjit Singh in a written reply to a question in Rajya Sabha today. Giving more details, the Minister gave Year-wise details of the number of cases resolved along with total amount of admitt....

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....ed claims and realisable value for creditors in such cases as following: Year No. of cases resolved Total admitted claims (Rs. in crore) Realisable value (Rs. in crore) 2016-17 0 NA NA 2017....

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....-18 20 9,115.51 4,754.63 2018-19 79 2,07,082.26 1,11,535.33 2019-20 138 1,95,544.06 66,240.87 2020-21 122 1,63,449.21 27,783.39<BR> News - Press release - PIB....