Cases over Rs 1,000 crore make up 90% insolvency claim value

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An analysis revealed that 15% of insolvency cases, which exceed Rs 1,000 crore, represent 90% of the recoverable value. With delays increasing in resolution times, companies propose dedicated tribunals for high-value cases. The finance minister plans reforms and additional tribunals to expedite insolvency resolutions and prevent asset value loss.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/xhmiF15

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