Archive · 17 Aug 2026
IBC resolution plans jump 92% in Q1, ticket size falls
When a company cannot pay its debts, India has a special process called insolvency resolution.
In this process, experts try to make a plan to help the company pay back what it owes.
In the April to June quarter, the number of such plans being approved jumped by 92 percent.
That means 69 companies got resolution plans, up from 36 in the previous three months.
However, the money involved in these cases was much smaller.
The total claims covered fell by 84 percent, from about 77,565 crore rupees to 12,443 crore rupees.
The previous quarter included one very big case, Jaiprakash Associates, which had huge claims.
Creditors were able to recover a bigger share of the money this time, about 28.6 percent.
More new cases were also started, and the backlog of pending cases went down slightly.
The government recently changed the insolvency rules to make the process faster and fairer.
The number of corporate insolvency resolution processes yielding resolution plans rose 92% sequentially to 69 in the April-June quarter from 36 in the March 2026 quarter.
Admitted claims covered by the 69 plans fell 84% to Rs 12,443 crore from Rs 77,565 crore in the previous quarter.
Creditors realised Rs 3,557 crore, or 28.6% of admitted claims, up from 22.8% in the March quarter.
Fresh insolvency cases rose to 177 CIRPs admitted in the June quarter from 163 in each of the previous two quarters.
The rebound follows the Insolvency and Bankruptcy Code (Amendment) Act, 2026 provisions and IBBI CIRP regulation amendments that took effect in May and June.
- Who
- The Insolvency and Bankruptcy Board of India (IBBI), the government, and creditors involved in corporate insolvency resolution processes.
- What
- The number of corporate insolvency resolution plans approved jumped 92% sequentially to 69 in Q1 FY27, though the value of admitted claims fell 84% to Rs 12,443 crore.
- When
- April-June 2026 (first quarter of FY27).
- Where
- India.
- Why
- The rebound follows the implementation of the Insolvency and Bankruptcy Code (Amendment) Act, 2026 and IBBI regulation changes aimed at improving transparency and value maximisation.
- Resolution plans approved
- 69 (Q1 FY27)
- Sequential increase
- 92%
- Admitted claims covered
- Rs 12,443 crore
- Decline in claims value
- 84%
- Average admitted claims per case
- About Rs 180 crore
- Creditor realisation
- Rs 3,557 crore (28.6% of admitted claims)
- Fresh CIRPs admitted
- 177
- Ongoing CIRPs at June-end
- 1,865