IBC a happy hunting ground for Adani
Adanis have made three big ticket acquisitions -- where the realisation for lenders have been more than R1,000 crore -- through the corporate insolvency resolution process.
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Adanis have made three big ticket acquisitions -- where the realisation for lenders have been more than R1,000 crore -- through the corporate insolvency resolution process.
The Mumbai bench of the National Company Law Tribunal (NCLT) rejected a plea filed by two members of the committee of creditors (COC),
IBC in Real Estate - Poor Resolution Rates but Superior Value Maximisation - Report by property consultants ANAROCK and leading law firm, Khaitan & Co.
While real estate comprises just 5 per cent of all cases under Insolvency & Bankruptcy Code (IBC), its resolution rate is among the lowest.On the other hand, IBC has driven superior value realisation by financial creditors in real estate - ...
On the other hand, IBC has driven superior value realisation by financial creditors in real estate - with this class of creditors realising 66 per cent of the admitted claims as compared to just 31 per cent of admitted claims realised in other sectors, said a joint report by real estate consultants Anarock and law firm Khaitan & Co.Shob