Saturday, February 26, 2022

Bankrupt firms: Third-party litigation funds eyeing interim finance space

In December, the RP of a Faridabad-based firm that owns a shopping mall and has a debt of over Rs 300 crore, raised interim finance to run the day-to-day operations even as the company was going through the corporate insolvency resolution process (CIRP).

from Banking/Finance-Industry-Economic Times https://ift.tt/FQkt4H9

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