India Resolving Insolvency - India

This topic identifies weaknesses in existing bankruptcy law and the main procedural and administrative bottlenecks in the bankruptcy process.

The information appearing on this page was collected as part of the Doing Business subnational project in India, which measures and compares regulations relevant to the life cycle of a small to medium-sized domestic business in cities and regions.

Data Guide

The following table shows data for the main indicators; hover over the column headings to learn more about the components of each indicator. Click on column headings to sort data. To see Resolving Insolvency details for a specific economy, click on the links below.

The average time to close a business. Information is collected on the sequence of procedures and on whether any procedures can be carried out simultaneously.

More informationTime (years)

The average cost of bankruptcy proceedings. The cost of the proceedings is recorded as a percentage of the estate’s value.

More informationCost (% of estate)

The recovery rate calculates how many cents on the dollar claimants (creditors, tax authorities, and employees) recover from an insolvent firm.

More informationRecovery rate (cents on the dollar)
Ahmedabad46.810 15.0
Bengaluru87.310 14.1
Bhubaneshwar57.57 14.9
Chennai107.510 13.8
Gurgaon67.010 14.6
Guwahati128.37 13.5
Hyderabad17.07 15.9
Indore98.07 14.0
Jaipur149.17 12.2
Kochi107.510 13.8
Kolkata1710.810 9.1
Ludhiana27.37 15.3
Mumbai37.09 15.1
New Delhi67.010 14.6
Noida168.710 11.9
Patna159.37 11.9
Ranchi138.57 13.2

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