Speaking at a lecture during the annual day function of Insolvency and Bankruptcy Board of India (IBBI), Kant noted that insolvency resolution at the National Company Law Tribunal (NCLT) averaged 716 days in the last financial years, up from 654 days in FY23. He highlighted that the average time taken for the admission of cases increased from 468 days in FY21 to 650 days in FY22.
This story is from the October 02, 2024 edition of Business Standard.
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This story is from the October 02, 2024 edition of Business Standard.
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