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INSOLVENCY AND BANKRUPTCY COD
Silver Point gets NCLT nod to take over IVRCL Chengapalli TollwaysThe successful bidder has proposed to pay over ₹1,464 crore to acquire the company through an insolvency process, against the total admitte...- Adani arm, others in race for IVRCL-backed road projectACRE acquired the SPV loans from most lenders at an auction held in September last year. Silver Point, a US-based hedge fund, had partnered...
- Kotak Mahindra Bk arm buys 74% stake in HKR Roadways for 715 croreThe USD 1 billion KSSF is managed by Kotak Investment Advisors, which focuses on alternate assets business, and this funding and resolution...
- Implementing the new Bankruptcy Code to help push bank credit growth: SBI ResearchAs per World Bank data, until 2016, insolvency resolution in India took 4.3 years on an average, higher than many major economies.
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