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RBI February 12 Circular fails Supreme Court Test: Why this is good news for power, sugar, other companies
Written By ZeeBiz WebTeam
Published: | Updated:
The RBI circular had directed lenders to refer any loan account over Rs 2,000 crore under the Insolvency and Bankruptcy Code (IBC) if it was not resolved within 180 days of default.
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The RBI circular had set strict timelines for the resolution of the stressed assets. Reuters
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