Timely resolution by NCLT can free up â¹67,000 cr: Report
Conclusion of cases under the bankruptcy law by the NCLT within 180-270 days mandated by law can release up to â¹67,000 crore to lenders, rating agency ICRA said. Of the 1,484 cases that have been sent to NCLT since 2016, 898 are yet to be resolved, it added. Out of this, 31% have exceeded the 270-day timeline, it further said.