Insolvency Bankruptcy Board asks for comments on contents of Request for Proposal (RFP)
New Delhi, Feb 24 (KNN) The Insolvency and Bankruptcy Board of India (IBBI) has invited public comments on contents of Request for Proposal (RFP), a release from Ministry of Corporate Affairs informed.
An RFP is an invitation for resolution plans from prospective resolution applicants who wish to bid for business of a corporate debtor going through Corporate Insolvency Resolution Process under Insolvency and Bankruptcy Code, 2016.
A healthy participation of market players in the resolution process requires that the RFP (a) provides rel…
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