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After a decade of bankruptcy law, top conglomerates Adani, JSW, Reliance, Tata emerge as biggest winners

“Ultimately, CIRP is not just about recovery for lenders. It is about unwinding stuck assets, making better use of national resources and saving jobs,” he said, adding that the process ensures creditors get the maximum possible value even though conglomerates have good assets at bargain prices and the economy makes better use of stuck assets.

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