We looked at the 2707 cases—including 677 resolution and 2030 liquidation cases--which had been reported closed either through a successful resolution or liquidation.
The IBC case load is largely dominated by small defaults
The number of large defaults (amounts over Rs 10,000 crore) is small in comparison with top line numbers
The number of cases resolved by liquidation is three times the number of cases resolved;
Open question if the IBC process is at all faithful to the preamble of the Insolvency and Bankruptcy Code (2016)
Full text here.