Insolvency and Bankruptcy Board of India sets up online platforms amid Covid curbs

Insolvency and Bankruptcy Board of India sets up online platforms amid Covid curbs

The Insolvency and Bankruptcy Board of India (IBBI) is setting up two online platforms for selling distressed assets under Insolvency and Bankruptcy Code, opening up markets for soured debt involving resolution plans, interim finance and liquidation assets. The move will likely unlock big opportunities amid lockdown restrictions. This will likely make life easy for both … Read more