Ads

Resolutions under the Insolvency and Bankruptcy Code (IBC) may run into rough weather after the onset of Covid-19 crisis as bankers fear winning bidders will review their interest in bankrupt companies and renegotiate bids or pull out altogether.

Read more at:-

https://economictimes.indiatimes.com/industry/banking/finance/banking/ibc-process-faces-new-challenges-as-some-winners-look-to-wriggle-out/articleshow/75415737.cms?from=mdr

Ads