Sale Date Ended
Sale Date Ended
Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2022, affirmed that changes have been proposed in the Insolvency and Bankruptcy Code (IBC) to enable seamless cross-border insolvency and quicker dispute resolution. She also stated that necessary amendments would be made in the IBC for more efficient dispute resolution.
In the face of mounting NPAs, the Insolvency and Bankruptcy Code 2016 helped consolidate a framework to reform laws and regulations for bankruptcy in India. A robust legal structure and level-playing field for foreign and domestic investors and defined timelines for the resolution of distressed enterprises have been inculcated in the Indian ecosystem. It's also led to India's position rising in the World Bank's Ease of Doing Business Index. It's been pivotal to build the rock on which a New India can be built. Distressed assets can provide opportunities for purchasing great assets and bring in strategic investors.
What caveats apply, amongst the hullaballoo of activity? Are the risks commensurate with the rewards? What strategies and structures need to be employed? What are the opportunities arising that need to be leveraged? What needs to be put under the spotlight in the stressed asset space? All of this and much more from bankers, investors, policymakers and other key stakeholders at India’s most compelling thought leadership forum at the VCCircle Stressed Assets Investment Summit 2022.
For registration, please call to:
Dhiraj Kumar | Senior Executive
Mosaic Digital
An HT Media Group Company
Phone:+91-8210103491