We hosted 13 expert speakers at our Conference on NPA Resolutions & Recoveries last week, cutting across the spectrum of ARCs, special situation funds, banks, law firms, transaction advisors and resolution professionals. Key takeaways: (1) IBC will gradually evolve into a robust corrective mechanism, but for now large-scale resolution of lumpy accounts remains onerous; (2) haircuts for the 34 stressed power assets and cases under NCLT list-1/list-2 average...