Tag: stressed assets
Posted in Economy
Faster insolvency process proposed with creditor-led resolution framework
A compact process proposed to speed up insolvency resolution can be initiated only by financial creditors having a combined share of at least 51% in…
Posted in Economy
IBBI seeks to strengthen due diligence on bidders’ compliance with Section 29A
To ensure the integrity of a resolution process, IBBI has asked resolution professionals to submit detailed notes on bidders’ compliance with the insolvency law‘s Section…