Real Estate, manufacturing and construction account for 71% of IBC resolution plans: ASSOCHAM PWC report – Money Control

Real Estate, manufacturing and construction accounted for 71 percent of the Corporate Insolvency Resolution Processes (CIRPs) admitted under the Insolvency and Bankruptcy Code till June, 2023, an ASSOCHAM PWC report has noted. Cases in these three sectors referred under the IBC, all the key stakeholders focus on putting together pertinent enabling laws and tailored resolutions to assist them.

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