Primus In News
Universe of bidders shrinks: IBC recovery falls to new low of 10%
18-05-2022
Shravan Shetty, managing director at consultancy firm Primus Partners, said: “The government should increase legal capacity to deal with cases while strengthening the IBC process by reducing options to go to the court against the process. Also, given the uncertainty following the pandemic, there will be a need on the part of the creditors to look at a lower recovery.” Read on.
Explore Related Insights
- Investors Rush to Small Cities: New Study Shows 90% Surge in Startup Success
- Budget 2024 Live Updates: ‘Want to simplify approach to taxation’, says Nirmala Sitharaman on Lower capital gains
- Viksit Bharat' Powered By Tech: Here's What Innovators Believe Will Drive India's Growth By 2047
- Union Budget 2023-24 Emphasizes ESG with Positive Response from Industry Leaders