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Universe of bidders shrinks: IBC recovery falls to new low of 10%
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.

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