Thu, Nov 15, 2018

Ashutosh Agarwala Speaks at INSOL Hong Kong 2018

Ashutosh Agarwala, Senior Advisor with Duff & Phelps Restructuring Practice was a panelist at a session on "Insolvency and Bankruptcy Code - a New Nirvana for Distressed Investors" held under the aegis of INSOL International in Hong Kong on November 7, 2018. This session delved into practical issues that foreign investors looking to acquire distressed Indian debt or assets encounter. These include the regulatory landscape with regards to acquiring debt, the restrictions imposed on potential bidders pursuant to Section 29A of the Insolvency and Bankruptcy Code (IBC) and how they work in practice, and the evolving law on the bidding process pursuant to the IBC including the capacity of unsuccessful bidders to challenge the resolution plan accepted by the committee of creditors (CoC).

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