Financial creditors have surpassed operational creditors in initiating insolvency proceedings since FY22. Operational creditors previously dominated, but their share has declined significantly, reflecting a maturing IBC as a financial creditor-led tool for corporate rescue.
Mint Explainer | India's bankruptcy code has matured, encouraging more financial creditors to recover their dues
📅 Published: November 28, 2025 |
📂 Category: Uncategorized
