Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

IBC Boosts Ease of Doing Business and Asset Realisation; 1,194 companies successfully resolved under IBC enabling realisation of Rs.3.89 lakh core by creditors

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....BC Boosts Ease of Doing Business and Asset Realisation; 1,194 companies successfully resolved under IBC enabling realisation of Rs.3.89 lakh core by creditors<BR>FEMA & RBI<BR>Dated:- 18-8-2025<BR><BR>Six legislative amendments and Over 100 regulatory changes made to strengthen insolvency framework and reduce delays IBC Accounts for Nearly Half of Bank Recoveries in FY 2024-25 The Insolvency and....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Bankruptcy Code (IBC) has played a crucial role in reshaping India's insolvency framework. The major achievement of the Insolvency and Bankruptcy Code (IBC) has been its ability to resolve financially distressed companies and realisation by the creditors thereon.&nbsp; By offering a clear and time-bound framework for revival, the IBC has strengthened creditor confidence and encouraged both domest....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ic and foreign investment.&nbsp; The IBC has played a pivotal role in improving the ease of doing business in India by introducing a faster and more structured insolvency resolution process maximising the value of assets, promote entrepreneurship, availability of credit and balance the interests of all the stakeholders.&nbsp;&nbsp; As of March 31, 2025, a total of 1,194 companies have been success....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....fully resolved under the IBC framework. Through these cases, creditors have realised an amount of Rs.3.89 lakh crore which is over 170% of the liquidation value and more than 93% of the fair value of these companies, as assessed at the time of admission into the IBC process. &nbsp;IBC has played a crucial role in improving the overall health of India's banking sector. According to the latest RBI'....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s Financial Stability Report (June 2025), Gross Non- Performing Assets (GNPAs) have significantly declined, reaching a multi-decadal low of 2.3% at the end of March 2025. This reduction indicates a stronger, more stable banking system.&nbsp; The RBI's Report on Trends and Progress of Banking in India for 202324 (released on December 26, 2024) highlights that SCBs recovered a total of Rs.96,325 cro....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....re through various channels. Out of this, the IBC channel alone contributed a significant Rs.46,340 crore, accounting for 48.1% of the total recoveries.&nbsp; The Government has undertaken six legislative amendments to the IBC and introduced over 100 changes to the regulations since its inception, to strengthen the insolvency resolution framework and enhance procedural efficiency thus minimizing t....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....he delays. The IBC has led to a behavioural shift among companies and their debtors. By creating a credible threat that defaulting companies might lose ownership, the Code has fundamentally reshaped the dynamics between debtors and creditors.&nbsp; &nbsp;Several initiatives have been taken to build the capacity of insolvency professionals (IPs). In FY 2024-25, the Insolvency and Bankruptcy Board....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... of India (IBBI) conducted a series of workshops, webinars, and conclaves to enhance practical skills. It also collaborated with expert bodies like the World Bank, Indian Institute of Corporate Affairs (IICA) and International Finance Corporation (IFC) for training and research. Additionally, international conferences at Indian Institute of Management (IIM) Ahmedabad, IIM Bangalore, and Indian Sch....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ool of Business (ISB) Hyderabad brought together global experts, offering IPs valuable exposure to best practices This information was given by Minister of State in the Ministry of Corporate Affairs and Minister Of State in the Ministry of Road Transport and Highways, Shri Harsh Malhotra in Lok&nbsp; Sabah today.<BR> News - Press release - PIB....