NAVIGATING DISTRESSED INVESTING IN THE PANDEMIC ERA
'Navigating distressed investing in the pandemic era' was the subject of the fourth-panel discussion of the day moderated by Ajay Shaw, Partner, DSK Legal.
The panellists were Aswini Sahoo, Executive Vice President & Chief Investment Officer, Asset Reconstruction Company (India) Limited, Shailen Shah, Partner, BSRR & Co., Ashutosh Maheshwari, Founder & CEO, IMAP, and Sumesh Dhawan, Managing Partner & Founder, Dhawan & Co.
IBC is a path breaking economic legislation; initiatives to make the Code less prescriptive with a focused commercial outlook and limited judicial interventions can take it a long way. Pre-packaged insolvency is one such great step towards time bound rehabilitation of Indian distressed businesses -said Shailen Shah, Partner, BSRR & Co.