Thursday, November 17, 2022

Creditors realise Rs 2.43 lakh crore through insolvency resolution process till Sep 2022

The creditors have realised 177.55 per cent of the liquidation value and 84 per cent of the fair value (based on 456 cases where fair value has been estimated), the newsletter said. "The haircut for creditors relative to the fair value of assets was less than 16 per cent, while relative to their admitted claims is of around 69 per cent," it added.

source https://economictimes.indiatimes.com/industry/banking/finance/creditors-realise-rs-2-43-lakh-crore-through-insolvency-resolution-process-till-sep-2022/articleshow/95584734.cms

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