IBC changes to hasten, maximise recovery

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.

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US futures pare losses as Trump weighs Iran role

US equity futures saw moderated declines amidst President Trump’s consideration of military support for Israel against Iran. Markets displayed uncertainty, with potential US involvement and

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