Mains Focus IS IBC AN EFFECTIVE RESOLUTION TOOL? "With eight full years of implementation, the Insolvency and Bankruptcy Code, 2016 (IBC) has resolved 1,194 corporate debtors (CDs), helped creditors realise ₹3.89 lakh crore (32.8 per cent of admitted claims; 170 per cent of liquidation value) and induced early settlement of defaults worth ₹13.78 lakh crore in 30,310 cases that never even entered insolvency." https://blog.lukmaanias.com/2025/06/11/is-ibc-an-effective-resolution-tool/ ..