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Number of CIRPs in India by industry 2017-2018

In the period from January 1, 2017 to March 31, 2018, the Indian industry with the most companies entering into a Corporate Insolvency Resolution Process (CIRP) was manufacturing, with 330 CIRPs taking place during this period. A CIRP is the mechanism by which creditors can attempt to recover funds they are owed by an insolvent company.

Total number of businesses entering into a Corporate Insolvency Resolution Process (CIRP) in India from January 2017 to March 2018, by industry

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Source

Release date

January 2020

Region

India

Survey time period

January 1, 2017 to March 31, 2018

Supplementary notes

Corporate Insolvency Resolution Process (CIRP) is a recovery mechanism for creditors, and can be initiated by either creditors or the insolvent company.
Values include CIRPs that were both closed and ongoing during the period.

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