New Delhi: Creditors rescued 69 indebted businesses in the June quarter through the Insolvency and Bankruptcy Code (IBC) route, improving upon resolutions in the year-ago period but falling a tad lower sequentially, showed official data. Our Partner Madhav V. Kanoria in an article published by Mint shares his views on the need for the NCLT to function at full strength to avoid delays in approving resolution plans. (Photo Credit: Mint)
