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Record 273 stressed cases resolved via IBC in 2023

By Economic Times - 10 months ago
The realisation proceeds were to the tune of ₹67,000 crore in 2023 against ₹20,860 crore in 2022, according to the Insolvency and Bankruptcy Board of India (IBBI) data yet to be made public. The jump indicates a "robust upward trajectory" in the IBC's (Insolvency and Bankruptcy Code's) effectiveness, the official said.

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