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Distribution of final proceeds after IBC resolution to be decided by judiciaryDistribution of proceeds under resolution plans has become a major sticking point in the insolvency proceedings of Essar Steel.- RBI defends Feb 12 circular, says it instil discipline and improve credit cultureOn February 12 the RBI directed lenders to refer an account with over Rs 2000 crore loans to bankruptcy court if it is not resolved an acco...
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