Recovery under bankruptcy law shows big jump but Jaypee Infratech skews the picture

By Beena Parmar

  • 22 May 2020
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Credit: Reuters

The amount recovered under the Insolvency and Bankruptcy Code (IBC) jumped 13 times sequentially in the January-March quarter and rose almost three times year-on-year, largely aided by the resolution of the Jaypee Infratech Ltd case. The total recovery for the January-March quarter stood at Rs 25,064 crore ($3.32 billion). Out of ......

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