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IBC can’t resolve power sector crisis, but ARCs can: Secretary SC Garg

“Not every kind of industry or every kind of asset can be best reconstructed through the IBC,” Garg told an event on ARCs organised by Assocham. MUMBAI: Financially crippled power companies cannot be revived or resolved under the provisions of the existing bankruptcy laws, but asset reconstruction companies can better deal with them, a senior […]

ADB Commits Record $3.92 Billion Loan to India for 13 Projects in 2020