As companies hit the rocks and sink, lenders scour the wreck and get zilch
Advertisement

As companies hit the rocks and sink, lenders scour the wreck and get zilch

By Beena Parmar

  • 27 May 2020
Premium
As companies hit the rocks and sink, lenders scour the wreck and get zilch
Credit: 123RF.com

The liquidation process under the bankruptcy law has eroded almost 99% of the value of claims made for the 69 cases where final reports have been filed, according to the latest data by the Insolvency and Bankruptcy Board of India (IBBI) which goes on till 31 March. The 69 cases, of ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.
Advertisement
Advertisement
Google News Icon

Google News

Follow VCCircle on Google News for the latest updates on Business and Startup News