Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
← back
Informative
IBC Success: Rs 10 Lakh Crore Cleared with 28,818 Cases Resolved
Update / Judgement Date
19 Mar 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Insolvency & Bankruptcy CodeOther Legal Matters
The Insolvency and Bankruptcy Code (IBC) has achieved a significant milestone, clearing ₹10 lakh crore with 28,818 cases resolved. This success underscores the effectiveness of the IBC in resolving insolvency cases. The IBC has facilitated the recovery of substantial amounts, benefiting creditors and the economy. This achievement reflects the efficiency of the insolvency resolution process. The IBC continues to play a vital role in addressing financial distress.
