India's bankruptcy overhaul tempts distressed investors

Private equity firms are on a war footing after India overhauled its byzantine bankruptcy procedures.

India's bankruptcy overhaul tempts distressed investors

Regulatory reform in India to remove red tape has reinvigorated interest from private-equity firms, driven by a sweeping transformation launched by Prime Minister Narendra Modi in the past two years, investors said in a conference on Wednesday.

For investors in private debt and special situations, more investment opportunities will emerge in the next few years, after theĀ Modi administration introduced its first-ever bankruptcy law in 2016 to speed up the liquidation process and help...

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