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An Indian firm enters bankruptcy every four hours, but that’s not the only worrying trend

By Beena Parmar

  • 13 Feb 2020
Premium
An Indian firm enters bankruptcy every four hours, but that’s not the only worrying trend
Credit: 123RF.com

The number of companies dragged into bankruptcy courts jumped over the last two quarters, as creditors pressed the pedal to recover their money from corporate defaulters. But the amount the creditors recovered by auctioning distressed companies fluctuated widely during the quarters through September and December 2019, data from the Insolvency and ......

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