Tag: InvITs
-
Are InvITs Bankruptcy-Remote or Bankruptcy-Orphaned?
[Aditya Kashyap is an associate at Argus Partners and Arnika Dwivedi is a Management Trainee at Vedanta] Infrastructure Investment Trusts (“InvITs”) stemmed as a prominent route to commercialise operational infrastructure assets, and attracting long term capital. They have a hybrid structure which combines trust-based ownerships, outright project level asset ownership, listed units with mandatory distribution and pass-through taxation. They…