Lavasa creditors set eligibility floor to begin resolution 2.0

September 30, 2024
1 min read



The minutes of the meeting of the committee of creditors (CoC) held on September 17 show that 77% of lenders led by Union Bank of India (UBI) have agreed to a minimum criteria for bidders which is a change from the last time the process ran without any eligible criteria to "maximise participation" of applicants.



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