Five years of IBC: A glass half full?9 min read . Updated: 19 Aug 2021, 01:35 AM IST
- Nearly half of the 2,653 firms that completed the IBC process got liquidated; only 13% got a fresh lease of life.
- However, not all businesses are asset-heavy. Many small businesses derive value only if the business is profitable. That is one reason why small businesses have very fewer takers