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India Stressed Asset Opportunities
July 2020

GoI- Helping companies tide through COVID

The Government of India has announced multiple reforms to support stressed companies in light of the COVID-19 pandemic. In June 2020, an Ordinance was issued to suspend the initiation of insolvency proceedings for 6 months to shield companies impacted by the COVID lockdown.

The Securities and Exchange Board of India (SEBI) also announced relaxations in pricing methodology for preferential issues of companies having stressed assets. These eased norms exempt allottees from open offer obligations.

The reforms are expected to help stressed companies receive timely financial intervention while protecting shareholder interests and ensuring growth opportunities in the country.
Sector Highlights

Ordinance issued to suspend Insolvency and Bankruptcy Code for six months

Fund-raising rules eased for stressed companies

No bar on invoking insolvency against personal guarantors: IBBI Chairman

Liquidator has overriding right on company’s assets over tax department: NCLT

IBBI reconstitutes advisory panel on Corporate Insolvency Resolution Process


Unique Cases Filed 3774


Cases filed by Sector

Status Of Cases Under CIRP


Success Story

Company : Aircel Ltd.

Acquired by: UV Asset Reconstruction Company Ltd

Bidders: UV Asset Reconstruction Company Ltd and Eight Capital.

Acquired for: USD 886.6 Mn

Deals in the Making

Creditors move to NCLT seeking bigger claim in Vasan Health Care insolvency case

US-based firm betters JSW offer in race for Asian Colour Coated Ispat

Jet Airways shortlists four potential bidders

New Opportunities

GSL Nova Petrochemicals Limited

EMTEX Engineering Private Limited

Bourn Hall International India Private Limited

Aditya Fabrication Private Limited

Prayaas Packagings Private Limited

Alucast Auto Parts Ltd

Lanco Mandakini Hydro Energy Private Limited

Contact Us

The Financial Investors Initiative Team at Invest India (National Investment Promotion & Facilitation Agency of Government of India) seeks to help investors who are looking to leverage opportunities in stressed assets by identifying, promoting and facilitating investor interest for resolution of insolvency.


Invest India
Vigyan Bhavan Annexe, First Floor
Maulana Azad Rd, South Block, Man Singh Road Area
New Delhi, Delhi 110011

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