The Supreme Court is scrutinizing the One Time Settlement (OTS) of Hyatt Regency hotel involving the National Asset Reconstruction Company Limited (NARCL). Questions are raised over the valuation drop from ₹2600 crore in 2021 to around ₹800 crore during settlement. Additionally, NARCL is under fire for settling AGSON Global's ₹2172 crore debt for just ₹579 crore, allegedly causing a ₹1600 crore loss to the state exchequer due to a lack of transparent bidding.
https://zeenews.india.com/hindi/zeephh/national/supreme-court-hyatt-regency-ots-case-narcl-agson-global-loan-settlement-controversy/3240796 #Creator program


