How Debt Impacts Merger And Acquisition Transactions In Stressed Ass...
06/01/19
How Debt Impacts Merger And Acquisition Transactions In Stressed Asset Sale Inc42 Media
In the past couple of years, India has witnessed quick resolutions for tackling non-performing stressed assets (NPAs) and debts in India, including its restructuring thereof, by providing a powerful tool to the financial and operational creditors in the form of the Insolvency and Bankruptcy Code, 2016 (the “IBC, 2016“). The effective reforms in the IBC, 2016, since its inception, has enabled the Reserve Bank of India (RBI) to clear its bad debts by the proactive attitude of the financial institutions in their declaration of various non-performing accounts of big corporates and the strict ti...
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