Reliance Naval lenders staring at around 95% haircut
The lenders of Reliance Naval have already provided for 100 percent of the debt in their books, for the last eight years.
The lenders of Reliance Naval have already provided for 100 percent of the debt in their books, for the last eight years.
The government is now expected to introduce the IBC (Amendment) Bill, 2019, maximising value from the Corporate Insolvency Resolution Process.
Wilful defaulters and entities whose accounts have been classified as NPAs will be barred from bidding for assets under the…
