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Creditors' cut in bankruptcy cases increases to 73 percent in FY 2024, resolution taking longer: Report
Mumbai: The cut taken by creditors in bankruptcy resolutions has increased from 64 per cent in FY2023 to 73 per cent in FY2024, a report said on Friday.A total of 269 resolution plans were approved by the National Company Law Tribunal (NCLT) in FY24, up from 189 in the year-ago period...- NewsBot
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- agency bankruptcy cent cirps corporate debtors insolvency lenders liquidation number resolution taken time total year
- Category: Business & Economy