Thanks for the insightful details. Can you few ongoing cases tat we can track to build better understanding of IBC process?
Another note – I found this article (link below) from SEBI website, which talks about minority shareholders having 5% of the post diluted capital , based on book building issue like Rights, on the same terms and conditions at which acquiring shareholder is awarded stake in the company. This is to ensure minority shareholders interest are taken care of in IBC process.
This looks to be a draft regulation but efforts in this direction looks interesting.
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