Who Among The 353 Resolution Professionals Can Manage 12 Large Insolvencies?
There are 353 registered insolvency professionals in India. But is even one of them up to the task of say, running a large company such as Essar Steel - a 10 million tonne per annum integrated steel manufacturer with Rs 45,000 crore of debt, for 6-9 months?
The answer to that question will be key a determinant to whether the plan to resolve India's top 12 non-performing assets will succeed.
In fact, there is more than one answer.