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IBC Liquidation: When Resolution Fails, Inside the Section 53 Waterfall
1,148 liquidation orders, eight years. The IBC was designed with a resolution preference — but only 1.46 plans for every liquidation. The Section 53 priority cascade explained.
Why India's CIRP Funnel Narrows: From 6,210 Admissions to 1,681 Plans
The Corporate Insolvency Resolution Process was designed as a clean pipe from default to plan. Across 20,314 CIRP orders the funnel narrows hard at every joint.