https://www.taxtmi.com/news?id=18517 The Insolvency and Bankruptcy Code framework and recent regulatory changes have enabled Asset Reconstruction Companies and Private Equity firms to acquire and resolve stressed bank assets, contingent on timely interventions, transparent price discovery and effective management. Operational enablers cited include 100% sponsor ownership, an increased foreign investment ceiling for ARCs, pass through tax status for ARC trusts, stamp duty exemption and trading of security receipts; these measures have increased market participation and encouraged cooperative resolution among banks, ARCs, PE funds and resolution professionals. en-us Mon, 31 Jul 2017 10:23:01 +0530 Mon, 31 Jul 2017 10:23:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18517 The Insolvency and Bankruptcy Code framework and recent regulatory changes have enabled Asset Reconstruction Companies and Private Equity firms to acquire and resolve stressed bank assets, contingent on timely interventions, transparent price discovery and effective management. Operational enablers cited include 100% sponsor ownership, an increased foreign investment ceiling for ARCs, pass through tax status for ARC trusts, stamp duty exemption and trading of security receipts; these measures have increased market participation and encouraged cooperative resolution among banks, ARCs, PE funds and resolution professionals. News - Mon, 31 Jul 2017 10:23:01 +0530 https://www.taxtmi.com/news?id=18517