Monday, August 30, 2021

Insolvency Board amends liquidation process, increases transparency

​The proposed amendments include capping revisions on bids to two times, banning unsolicited bids and empowering the Committee of Creditors to decide on the timeframe and thresholds for improvement on the resolution plan in advance.

from Economy-News-Economic Times https://ift.tt/2Ya8Tik

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