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Industry Archives - Bank NPA Consultants

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Bank NPA Consultants
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Insolvency professionals are buying insurance for themselves

Insolvency professionals are rushing to buy insurance to protect themselves before going ahead with the resolution process under the Insolvency and Bankruptcy Code (IBC). But the only glitch is that the general insurers do not offer insurance for an insolvency practitioner and modalities are being worked out for at least 15 deals that are close to being finalized the insurance companies and brokers say. An...

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