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August 19, 2025 12:16 PM

IBC facilitates recovery of ₹3.89 lakh crore from 1,194 resolved firms, boosting ease of doing business: govt

The Insolvency and Bankruptcy Code (IBC) has led to the successful resolution of 1,194 companies, enabling creditors to recover a total of ₹3.89 lakh crore, Minister of State for Corporate Affairs Harsh Malhotra informed the Lok Sabha on Monday. A...

July 23, 2024 11:01 PM

Strengthening of debt recovery Tribunal and establishment of Addl Tribunal to speed up debt recovery: Centre

The Indian government has announced significant reforms to the country's financial regulatory framework. Finance Minister Nirmala Sitharaman, during her presentation of the 2024-2025 Union Budget, outlined several key initiatives designed to strengt...

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Last updated on: 18th Sep 2025