Recovery under bankruptcy law shows big jump but Jaypee Infratech skews the picture

The amount recovered under the Insolvency and Bankruptcy Code (IBC) jumped 13 times sequentially in the January-March quarter and rose almost three times year-on-year, largely aided by the resolution of the Jaypee Infratech Ltd case. The total recovery for the January-March quarter stood at Rs 25,064 crore ($3.32 billion). Out of ......