The concern is how sacrosanct the IBC process is: Shantanu Nalavadi

Unlike in Europe and Asia where most stressed assets are in the real estate space, in India it is in good quality operating assets across growth sectors, such as steel, cement, pharma, says Nalavadi

His private equity fund has been at the centre of a storm as it waits for a final call in court on its offer to buy Binani Cement with its Bharat Dalmia partner, against UltraTech Cement. Shantanu Nalavadi, managing director of India Resurgence Asset Management Business, a joint venture between Piramal Enterprises and Bain Capital Credit, has also been scouting around for other stressed asset deals. Edited excerpts of an interview with Surajeet Das Gupta:   

You have been a key player in distressed asset sales. How do you differentiate yourself from competitors?

In this space, at one end of