#IndianBanks #IBC #BankruptcyCode: How Successful has IBC Resolution Process been with Corporate Insolvency Resolution Process (CIRP) ?
While the INITIAL success of IBC was encouraging, incrementally the YIELD from the IBC has been falling ?
While the INITIAL success of IBC was encouraging, incrementally the YIELD from the IBC has been falling ?
The cumulative admitted claims of financial creditors till end March 2022 was ₹6,84,901cr. Till end Mar-22 ,since the launch of IBC, the cumulative recovery for lenders where resolution took place dropped to 32.9% against 35.9 per cent upto Sept-21
In absolute terms, the realisation for financial creditors till end March 2022 stood at ₹2,25,294cr — much higher than liquidation value of ₹1,31,448cr
As against the admitted claims of financial creditors of ₹12,610cr for Jan-Mar 22, the amount realisable by such creditors stood at ₹ 1,288cr — which is about 10.21% vs cumulative since inception of IBC
.... Whats even more worrying ??
The worrying part is that for the first time ever, the quarterly realisation of ₹1,288cr in Jan-Mar was lower than the liquidation value of ₹1,316cr.
The worrying part is that for the first time ever, the quarterly realisation of ₹1,288cr in Jan-Mar was lower than the liquidation value of ₹1,316cr.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
