ARCs hold specialized expertise in asset valuation, negotiation, and legal procedures, crucial for navigating the complexities of a stressed asset landscape. Often perceived as a niche domain, the stressed assets market currently encompasses the acquisition and resolution of NPLs.
Asset Reconstruction Companies want larger pie of stressed assets financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
While the signs of legislative pro-activeness may have been apparent through these five years of IBC, only time will answer these instrumental questions and what better time for the legislature than the upcoming Union Budget to provide the solutions.