Financial creditors have expertise to resolve RBI-referred NPA cases: Sahoo

He says there is no clash between mechanism of insolvency and RBI's oversight committee

As an RBI-constituted committee identified 12 high-ticket non-performing assets of banks to be resolved under the Insolvency and Bankruptcy Code (IBC), Insolvency and Bankruptcy Board of India chairman M S Sahoo tells Indivjal Dhasmana that the country has an adequate bandwidth of professionals and financial creditors to resolve these cases. Edited excerpts:

Does the National Company Law Tribunal (NCLT) have adequate infrastructure to handle such big-ticket cases of non-performing assets of banks?

The role of NCLT is an admission of default. Its role is not a resolution of the case. Resolution is done by a committee of financial creditors. I am