https://www.taxtmi.com/news?id=16086 Corporate Debt Restructuring (CDR) provides an institutional mechanism to expedite restructuring proposals for borrowers financed by multiple banks/FIs; eligibility requires multi lender facilities and a specified exposure threshold. The CDR operates through a three tier institutional framework-the Standing Forum with its Core Group, the Empowered Group and the CDR Cell housed in IDBI-which manages intake, consideration and disposal. The CDR Cell reports periodic caseflow metrics (references received, pre admission rejections, matters under Empowered Group consideration and total approvals) with aggregate debt figures, as reflected in progress reports for March 2010-December 2015. en-us Fri, 29 Apr 2016 18:34:55 +0530 Fri, 29 Apr 2016 18:34:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16086 Corporate Debt Restructuring (CDR) provides an institutional mechanism to expedite restructuring proposals for borrowers financed by multiple banks/FIs; eligibility requires multi lender facilities and a specified exposure threshold. The CDR operates through a three tier institutional framework-the Standing Forum with its Core Group, the Empowered Group and the CDR Cell housed in IDBI-which manages intake, consideration and disposal. The CDR Cell reports periodic caseflow metrics (references received, pre admission rejections, matters under Empowered Group consideration and total approvals) with aggregate debt figures, as reflected in progress reports for March 2010-December 2015. News - Fri, 29 Apr 2016 18:34:55 +0530 https://www.taxtmi.com/news?id=16086