GCC Financial Sponsors – “The Capital Power House” GCC, formed...
Read More“Pre - Packed Insolvency” A Cost Efficient Resolution Mechanism with the Binding Rigor of IBC
The erstwhile Distress Debt Resolution Mechanisms including CDR/SDR/S4A had proved to be inefficient in
delivering desired results & cleansing Bank’s Balance Sheets.
IBC was introduced to replace the erstwhile mechanisms, however, it was soon found to be too aggressive, as most
resolutions under IBC were taking place close to Liquidation Value.