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Impavid Bulletin

finance

The insolvency regulator has asked all the RPs to disclose their financial relationship with various stakeholders such as the corporate debtors, financial creditors and potential buyers involved in a resolution process. Market participants say the move is aimed at curbing potential misconduct by RPs. In the recent past, several cases have come to light wherein the resolution professionals have allegedly favoured a particular party during the resolution process.

The growth in volumes reflects a 1.9 times increase when compared to Rs 17,200 crore of securitised assets in Q1 FY22 and a 4.4 times increase compared to Rs 7,500 crore in Q1 FY2021, the report said.