In separate notifications over the weekend, IBBI allowed creditors to sell part assets in case they get more value. More importantly, the regulator also announced a performance-based pay structure for resolution professionals (RPs). Both moves will have far-reaching changes to recoveries, consultants said.
2 top stock recommendations from Rajesh Palviya
Rajesh Palviya of Axis Securities suggests Nifty may consolidate between 24,800 and 25,000. Bank Nifty might range from 54,900 to 55,500. Chennai Petro and Coal