27 have filed for voluntary liquidation; the bankruptcy code has made the process easier

There is a lot of talk about the 260-odd NPA (non-performing asset) cases that have been given the go-ahead by the National Company Law Tribunal under the Insolvency and Bankruptcy Code, 2016 for resolution. But the IBC does not deal with insolvent and stressed companies alone; solvent companies, too, can wind up their business under the IBC. Currently, there are 27 companies that have filed fo...