Over 9,600 cases worth Rs 3.75 trillion disposed of at IBC pre-admission stage
NEW DELHI: More than 9,600 cases involving a total amount of nearly Rs 3.75 trillion have been disposed of at the pre-admission stage of the insolvency law process, according to the government. The Insolvency and Bankruptcy Code (IBC), which came into force in 2016, provides for resolution of stressed assets in market-linked and time-bound manner. […]