Jaypee Infratech resolution under IBC has netted the highest realisation as a percentage of admitted claims at 88 per cent among the top ten cases.
Jaypee Infratech insolvency commenced in 2017 and concluded in 2023 with the NCLT order gave a realisation of Rs 20,363 crore.
In the list of top 10 companies on the basis of total admitted claims resolution plan approved till March 2023, Essar Steel resolution in 2017 and concluded in 2019 remains the highest at Rs 42,231 crore or 77.40 per cent in terms of total realisation of the admitted claim, as per a compilation by IBC Laws.
Dewan Housing Finance resolution which commenced in 2019 and concluded in 2021 had a realisation of Rs 37,167 crore or 42.60 per cent of admitted claims.
Bhushan Steel resolution which commenced in 2017 and concluded in 2018 had a realisation of Rs 36,771 crore or 63 per cent of admitted claims.
Bhushan Power and Steel resolution which commenced in 2017 and concluded in 2019 netted a realisation of Rs 19,894 crore or 41 oer cent of claims.
Aircel insolvency process started in 2018 and concluded in 2020 realised Rs 6,677 crore or only 18 per cent of the admitted claims.
Electrosteel Steels resolution started in 2017 and concluded in 2018 gave a realisation of Rs 5,320 crore or 38 per cent of the admitted claims.
Alok Industries resolution commenced in 2017 and concluded in 2019 gave a realisation of Rs 5,115 crore or 16 per cent of admitted claims.
Reliance Infratel resolution commenced in 2018 and concluded in 2020 which gave a realisation of Rs 4267 crore or 10 per cent of admitted claims.
Ruchi Soya insolvency started in 2017 and concluded in 2019 with a realisation of Rs 4,223 crore or 34 per cent of admitted claims.
Amtek Auto insolvency commenced in 2017 and concluded in 2020 and netted Rs 2,618 crore or 20 per cent of admitted claims.
Essar Power MP insolvency started in 2020 and concluded in 2021 with a realisation of Rs 2,500 crore or 19 per cent of admitted claims.
Reliance Naval and Engineering insolvency started in 2020 and concluded in 2022 with a realisation of Rs 2,043 crore or 15 per cent of admitted claims.
Jet Airways resolution commenced in 2019 and concluded in 2021 with a realisation of Rs 1,133 crore or 7 per cent of admitted claims.
Lanco Thermal Power insolvency commenced in 2019 and concluded in 2021 with a realisation of Rs 136 crore or 0.41 per cent of admitted claims.
Drugs valued at Rs 71 crore seized in Assam; 2 held
Heroin and highly addictive methamphetamine tablets, valued at Rs 71 crore, were seized during two separate operations in Assam's Kamrup district on Friday, officials said.
One held with cannabis worth Rs 15 Lakh in Sonamura
In a major breakthrough in Tripura Police’s ongoing crackdown on narcotics, a joint team led by Sonamura Police Station seized 325 kilograms of dried cannabis (ganja) from a house in Ananda Nagar village under Sepahijala district’s Sonamura Sub-division
BJP MP launches attack on Sonia Gandhi, Rahul Gandhi over National Herald case
The BJP Yuva Morcha staged a protest against Congress leaders Sonia Gandhi and Rahul Gandhi, accused in the National Herald case, in Agartala on Friday.
Two Bangladeshi women held at Agartala Railway Station
In a coordinated operation carried out on Thursday late night, two Bangladeshi women were arrested from Agartala Railway Station for illegally entering Indian Territory with the alleged intention of travelling to Mumbai via Kolkata.
2 minors among 315 arrested so far in connection with Murshidabad violence: Bengal Police report
A total of 315 arrests have been made so far in connection with the communal violence in Murshidabad district of West Bengal over protests against the Waqf (Amendment) Act last week, including two minors, confirmed the West Bengal Police in its report,
No plan to levy GST on UPI transactions over Rs 2,000: Govt
The Finance Ministry on Friday made it clear that the government is not considering any proposal to levy Goods and Services Tax (GST) on UPI transactions over Rs 2,000.
Tripura CM discusses state govt's key plans with HM Shah, JP Nadda
Tripura Chief Minister Manik Saha on Friday in separate meetings in New Delhi discussed important development plans of the state government with Union Home Minister Amit Shah and Health and Family Welfare Minister J.P. Nadda.
HM Amit Shah's 2026 deadline in sight as Sukma panchayat declared Maoist-free
This signalled a breakthrough in the government’s counter-insurgency and rehabilitation strategy. The mass surrender not only reflects a weakening of Maoist influence but also reaffirms HM Shah’s ambitious deadline as increasingly within reach.