Investors, strategic buyers eye assets of companies under liquidation - Economic Times

6/18/2022 12:00:00 AM2 years 10 months ago
by Maulik Vyas
by Maulik Vyas
The trigger lies in the amendment made by the Insolvency & Bankruptcy Board of India (IBBI) in November 2020 that allows liquidators to transfer/sell or assign 'Not Readily Realisable Assets' (NRRA) of the company in liquidation to any person after consultati…
SynopsisThe trigger lies in the amendment made by the Insolvency & Bankruptcy Board of India (IBBI) in November 2020 that allows liquidators to transfer/sell or assign 'Not Readily Realisable Ass… [+188 chars]
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