Investors, strategic buyers eye assets of companies under liquidation


Many savvy investors and strategic buyers are increasingly cherry-picking assets of bankrupt companies that are facing liquidation. From residential residential buildings and land parcels, to plants and textile machinery to shipping companies, everything is a potential investment.
The trigger lies in the amendment made by the Insolvency & Bankruptcy Board of India (IBBI) in November 2020 that allows liquidators to transfer/sell or assign ‘Not


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