Creditors have realised more than Rs 4 lakh crore through resolution processes under the insolvency law, which has been in force for ten years. Also, over 30,000 cases involving a total amount of nearly Rs 14 lakh crore filed before the tribunal NCLT have been resolved in the pre-admission stage. The Insolvency and Bankruptcy Code (IBC), which provides for a time-bound and market-linked resolution of stressed assets, came into force in 2016. "As of March 2026, 1,419 (cases) had yielded resolution plans, and the resolution process has facilitated realisation of over Rs 4 lakh crore for creditors. This realisation to the creditors is 95 per cent and 167 per cent as against their fair and liquidation value, respectively," IBBI Chairperson Ravi Mital has said.