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
- India’s demand for aircraft predicted to reach 2,100 in next 20 years
- India's seaweed industry to hit Rs 3,277 cr in 10 years, needs policy push
- GST collection see 10% growth to ₹1.73 lakh crore for May 2024
- Celebrating excellence in India’s Infrastructure: Winners for Build India Infra Awards 2025 announced