For cases that have been dealt with, creditors have actually continued to deal with a haircut of around 70 percent of the confessed claims.

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The variety of insolvency cases increased by 25 percent year -on-year in October-December 2022, even though they were lower as compared to the pre-Covid period, according to a newsletter launched by the Insolvency and Bankruptcy Board. Healing has been seeing a down trend-- from 43 percent in April-June FY20 in the (Insolvency and B

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