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Will the NCLT order on DHFL deter financial investors from dabbling in IBC assets?

By Beena Parmar

  • 26 May 2021
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Will the NCLT order on DHFL deter financial investors from dabbling in IBC assets?
Credit: 123RF.com

The bankruptcy tribunal’s move last Thursday directing lenders of Dewan Housing Finance Corporation (DHFL) to consider a settlement proposal from promoter Kapil Wadhawan could deter financial investors from bidding for stressed assets under the bankruptcy code. While the National Company Law Tribunal (NCLT) order was stayed by the National Company ......

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