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Is out-of-court settlement better than bankruptcy law for debt resolution?

By TEAM VCC

  • 12 Feb 2019

The Insolvency and Bankruptcy Code has helped improve processes but delays in resolution have pushed several defaulting companies to seek out-of-court settlement with lenders.

What has been the response to debt resolution outside of the National Company Law Tribunal? Industry executives discussed these issues at the second edition of the News Corp VCCircle Stressed Assets Investment Summit 2019.

Watch the video.

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