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    HomeNewsOpinionIf banks don't get superior rights,  investor expectations of recovery from IBC will need pruning

    If banks don't get superior rights,  investor expectations of recovery from IBC will need pruning

    The NCLAT order on Essar Steel has highlighted a new challenge for the bankruptcy code: whether maximise recovery for banks or ensure equitable treatment of all creditors.

    Ravi Ananthanarayanan
    July 15, 2019 / 12:19 IST
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