SIGNAL // INSOLVENCY INTELLIGENCE

14,088 proceedings.
From admission to exit.

Every CIRP case tracked from the moment of NCLT admission through moratorium, resolution, and final exit. Full lifecycle visibility for investors and lenders.

8,674

CIRP Admissions

Total cases admitted since IBC inception

5,399

Liquidations

Companies ordered into liquidation

15

Pre-Packs

Pre-packaged insolvency resolutions (MSMEs)

2,100+

Active Cases

Currently in various stages of CIRP

CIRP LIFECYCLE

Five stages. Complete visibility.

The Corporate Insolvency Resolution Process unfolds in defined stages. We track every transition and what it means for your exposure.

01

Admission

CIRP application filed and admitted by NCLT. Moratorium begins. Equity trading may be suspended.

CRITICAL — Potential equity wipeout
02

Moratorium

Interim Resolution Professional appointed. No suits, no recovery actions. Claims process begins.

HIGH — Creditors frozen, operations continue
03

CoC Formation

Committee of Creditors formed. Financial creditors take control. Resolution timeline starts (180+90 days).

HIGH — Recovery rate depends on CoC decisions
04

Resolution

Resolution plans invited and evaluated. Bidders assessed. CoC votes on final plan (66% approval needed).

MEDIUM — Recovery estimates emerge
05

Exit

Resolution plan approved by NCLT, or liquidation ordered. Haircut applied. Equity typically wiped out in liquidation.

FINAL — Recovery rate locked

DATA EXTRACTION

What we track for every case.

  • Corporate debtor name and CIN
  • Applicant (operational or financial creditor)
  • Insolvency Professional name and IBBI registration
  • Announcement date and claim filing deadline
  • Current stage in CIRP lifecycle
  • Resolution plan details (when available)
  • Liquidation value estimates
  • PDF link to original IBBI announcement

DATA SOURCE

IBBI public announcements.

We scrape 709+ pages of IBBI public announcements daily. Every new CIRP admission, every claim deadline, every resolution update — captured and structured within hours of publication. 

{
  "source": "IBBI Public Announcements",
  "pages_scraped": 709,
  "frequency": "daily",
  "total_records": 14088,
  "latest_admission": {
    "debtor": "XYZ Steel Ltd",
    "applicant": "State Bank of India",
    "date": "2026-03-25",
    "ip": "CA Rajesh Kumar (IBBI/IPA-001/IP-01234)"
  }
}

WHY IT MATTERS

Different stakeholders. Different risks.

FOR INVESTORS

Equity exposure risk.

  • CIRP admission = potential equity wipeout. Get alerted immediately.

  • Resolution plan approval = recovery rate signal. Know the haircut.

  • Liquidation order = total loss. Exit before it is confirmed.

  • Track supplier and customer insolvency — your portfolio company's exposure.

FOR LENDERS

Portfolio exposure tracking.

  • Track CIRP filings across your entire loan portfolio in one dashboard.

  • Early warning when operational creditors file — signals cash flow stress.

  • Monitor resolution timelines against IBC deadlines (180+90 days).

  • Cross-reference with NPA data and provisioning requirements.

Track every insolvency proceeding.

Get early access to CIRP lifecycle intelligence across your portfolio.

Launch Q2 2026