E-auction of sick business assets
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04 Dec 2024, 05:00:11 AM IST
India News Today Live: E-auction of sick business assets on dedicated platform may become compulsory
- The IBBI’s new directive to list liquidation assets on baanknet.com aims to streamline auctions and enhance transparency. By centralizing information, the initiative is expected to increase bidder participation and improve recovery values for distressed assets.