trouble in view?   view in browser   India Stressed Assets Opportunities       The Government of India has issued an ordinance to suspend the initiation of insolvency proceedings for 6 months to shield companies impacted by the coronavirus pandemic. The Insolvency and Bankruptcy Board of India (IBBI) is also working to create a special insolvency resolution framework for Micro, Small, and Medium Enterprises. This is expected to have a pre-packaged resolution framework wherein the company and its creditors will agree upon a resolution plan in advance. These steps are expected to strengthen the Insolvency and Bankruptcy Code by creating an acceptance for genuine business failures and consequently nurturing entrepreneurship.           Major Highlights   Government looking to finalize special bankruptcy settlement for MSMEs under IBC   The Reserve Bank of India proposes the creation of a resolution corporation to revive troubled banks   Govt Intervention helps default risk for Indian firms to drop at the fastest pace in a decade   IBC suspension has provided for a breathing space for firms and NCLTs won't get clogged post upliftment         Snapshot   Unique Cases Filed 3774   Cases filed by Sector     Status Of Cases Under CIRP     Success Story   Company : Amtek Auto Ltd. Acquired by: Deccan Value Investors Bidders: Deccan Value Investors Ltd and Liberty House Group Acquired for: USD 359.8 Mn     Deals in the Making   FSTC-led consortium promises USD 100 Mn initial investment to revive Jet Airways   DHFL may further extend timeline for submission of bids   Multiple investors looking to bid for Reliance Communications’ assets   JP Associates’ lenders attempt resolution plan outside IBC     Select New Opportunities   Simhapuri Energy Limited V2 Retail Limited Garden Silk Mills Limited Sona Alloys Private Limited Noida Medicare Centre Ltd Vindhya Cereals Private Limited Dhanurdhar Processors Private Limited     Contact Us The Financial Investors Initiative Team at Invest India (National Investment Promotion & Facilitation Agency of Government of India) seeks to help investors who are looking to leverage opportunities in stressed assets by identifying, promoting and facilitating investor interest for resolution of insolvency. financial.investments@investindia.org.in   Invest India Vigyan Bhavan Annexe, First Floor Maulana Azad Rd, South Block, Man Singh Road Area New Delhi, Delhi 110011 To unsubscribe, click here.