Month suspension had been lifted. Katherine shi is an editor and she told me this will further complicate evergrande s restructuring plans. So, i think with the chairman of evergrande arrested, the current Restructuring Talks with creditors is going to take a much longer time. With the Police Investigation ongoing, creditors will need to wait for a longer time until the Police Investigation results come out. They had negotiated with the company for over two years about the terms of the restructuring but the halt of the restructring plan brings more trouble as this esrc has denied to issue the shares for evergrande. So, for the aftermath, i think everyone either has to resort for an entirely different Restructure Plan or the creditors will need to wait for a longer time, until the investigation by the police would come out. What about government policies, if we look at that, which focus on ensuring buyers who paid deposits for their flats get that money back or get their units back . It
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The well-known Indian education technology company Byju's has decided not to make the interest payment due on its dollar loan due to its difficult financial circumstances. In response, the business has gotten in touch with a variety of lenders to talk about a proposal for an amendment.