Srei: Srei lenders will maintain cash on the books till the companies are sold

[ad_1] Mumbai: Acquisition of Twins sarei This will cost the companies a bit for the potential bidder. Last week, Lenders passed a resolution that the cash balance in companies in their time transfer Two people aware of the development said that cash may not be part of the offer made by the applicant. A senior executive of a consulting firm said this is different from the previous proposals, in which the bidders were beneficiaries of the proceeds earned during the Corporate Insolvency Resolution Process (CIRP), which helped them reduce acquisition…