IBBI Announces New Norms To Stop Successful Bidders From Backing Out
An official bangs a gavel at an occasion. (Photographer: Andrew Harrer/Bloomberg)

IBBI Announces New Norms To Stop Successful Bidders From Backing Out

The Insolvency & Bankruptcy Board of India made a security amount compulsory for bidders to prevent them from backing out after winning stressed assets under the bankruptcy law.The so-called perfor...
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