The average time taken for the conclusion of the corporate insolvency resolution process (CIRP) has surged to 680 days, as of March 2024, from 611 days a year ago, official data shows. This primarily reflects the huge backlog of cases that the NCLT is finding difficult to grapple with. Our Partner Abhishek Mukherjee shares his views on this in an article published by Financial Express (India). (Photo Credit: Financial Express)
