Mumbai: The recoveries under the Insolvency and Bankruptcy Code (IBC) against admitted claims nearly halved in FY 2025-26 to 23 per cent from 46 per cent in the preceding financial year due to rising delays, a report said on Thursday.
At the same time, the number of cases admitted in the corporate insolvency resolution process (CIRP) declined by 5 per cent to 679 from 724, according to a report by rating agency Icra.
