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Why only 2 firms chose pre-pack insolvency resolution in a year?

Mint Primer
India introduced the pre-packaged insolvency resolution process in April 2021 as an alternative process for MSMEs. However, it has only two cases admitted under it so far. Mint explores the reasons.
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What do Opec+ production cuts mean for India?
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Why is India reaching out to Latin America?
10 Apr 5 MINS
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Making sense of the changes in completion law
05 Apr 5 MINS
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Who will finance the mega cities of the future?
04 Apr 5 MINS
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All that you need to know about India's new FTP
03 Apr 5 MINS
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Why Generative AI is a divided house now
31 Mar 5 MINS
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No more rights to foreign carriers in India. Why?
23 Mar 5 MINS
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Why IPCC wants to speed up climate efforts
22 Mar 5 MINS
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Generative AI: Will it change the way we use apps?
21 Mar 5 MINS
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