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New insolvency cases touch over 3-year low in pandemic-hit June quarter

By Beena Parmar

  • 17 Sep 2020
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New insolvency cases touch over 3-year low in pandemic-hit June quarter
Credit: 123RF.com

New insolvency cases dropped during pandemic-stricken April-June to the lowest in 13 quarters, showed the latest data by the Insolvency and Bankruptcy Board of India (IBBI). This is the first time since April 2017 that the new cases initiated under the Insolvency & Bankruptcy Code (IBC) have dropped below 140 in ......

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