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Road Asset Recovery in CIRP: 51% Realisation by saravana222003 is a document available to read on EtoBox.

A study by ICRA on road projects under the Corporate Insolvency Resolution Process (CIRP) reveals that 24 assets were admitted since 2016, with a recovery rate of 51% for road assets, significantly higher than the 32% for corporate cases. Key issues leading to defaults include cost overruns and lower-than-expected toll revenues, with 33% of cases pending for over three years due to various delays. The report highlights that operational toll projects dominate the admitted cases, and the recovery is bolstered

Author

saravana222003

Language

EN