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Lavasa creditors set eligibility floor to begin resolution 2.0

By Economic Times - 4 hours ago
Creditors of Lavasa Corp, India's first private hill town project, have set new eligibility criteria for prospective bidders after a failed attempt earlier this year. They require a ₹100 crore net worth and a ₹25 lakh refundable deposit. Lenders are also considering appointing a new resolution professional and process advisor.

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