OPPORTUNITIES FOR INSOLVENCY PROFESSIONALS

» ` 14 lakh crore stressed assets in the financial sector » Stressed assets adds up to 8.4% of GDP and 16.6% of total loans

» 700 BIFR cases, 15,000 DRT cases and 5,200 winding up and amalgamation cases pending before high courts are being transferred to the NCLT

» The insolvency and bankruptcy law could potentially release about

` 25,000 crore capital currently locked up in NPAs over next 4- 5 years, according to ASSOCHAM- Crisil

» All sorts of companies, partnership firms and individuals fall under the new bankruptcy law