Business Standard

IBC accounts for $14.3 bn worth of distressed assets in M&A space: Kroll

Steel sector has led the space with almost 55% of the total value of distressed asset deals

Banks' certificates not must for triggering insolvency
Premium

T E Narasimhan Chennai
The Insolvency and Bankruptcy Code (IBC) has brought $14.3 billion worth of distressed assets to the M&A table since becoming a law.

Experts say IBC is not just another acronym in a long list of policies formulated by Indian regulators that failed to create a viable restructuring mechanism. It is, however, unclear which sectors would provide the most number of opportunities to investors – particularly international funds and corporations – and which practices should be adopted to navigate the often complex Indian market.

Kroll, a division of Duff & Phelps, a global leader in risk mitigation and response solutions, and

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 29 2018 | 9:17 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com