I don't see a revival in private sector investments: Srei's Sunil Kanoria

No committee of creditor (CoC) will hand over assets to promoters who wilfully defaulted

Kolkata-based Srei Infrastructure has stakes, either as a debtor or lessor, in at least two major stressed companies—Deccan Chronicle and Essar respectively, currently under NCLT.  Sunil Kanoria, Vice Chairman, Srei Infrastructure Finance Limited, in an interview with Ishita Ayan Dutt and Namrata Acharya, says why Srei cannot be considered as a related party in Deccan Chronicle and current state of affairs at Orissa Slurry Pipeline, which Srei had leased to Essar for transporting raw materials to its plants. Further, according to Kanoria, private sector investment is still far away as once companies come out of NCLT, they would use their