More than 4,000 cases admitted for corporate insolvency resolution process since FY 2016 (MCA Press release 22 March 2022)

More than 4,000 cases admitted for corporate insolvency resolution process since FY 2016


359 cases resolved with realisable value of more than Rs 2 lakh crore for creditors

Posted Date:- Mar 22, 2022

As per the information provided by Insolvency and Bankruptcy Board of India [IBBI, the Regulator under Insolvency and Bankruptcy Code, 2016 (IBC)], the following is the year wise details of number of cases admitted for corporate insolvency resolution process under the Code:

This was stated by Union Minister of State for Corporate Affairs Shri Rao Inderjit Singh in a written reply to a question in Rajya Sabha today.

Giving more details, the Minister gave Year-wise details of the number of cases resolved along with total amount of admitted  claims and realisable value for creditors in such cases as following:



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