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RBI's order could spell trouble for ARC-owning PE funds, say experts

The RBI had recently rejected a resolution plan - approved by the National Company Law Tribunal in June - that proposed selling Aircel's assets to UV Asset Reconstruction Company (UVARC)

reserve bank of india, rbi
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3 min read Last Updated : Aug 27 2020 | 6:06 AM IST
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Private equity (PE) funds owning asset reconstruction companies (ARCs), apart from pure-play ARCs, could land in serious trouble if the Reserve Bank of India (RBI) does not reverse its decision

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Topics : Reserve Bank of India private equity funds Private equity firms Asset reconstruction companies ARCs Insolvency and Bankruptcy Code National Company Law Tribunal Sarfaesi Act

First Published: Aug 27 2020 | 6:06 AM IST

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