Normally in the case of default, lenders are hesitant to throw good money after bad. But often, like in most bankruptcy cases, there is a need for additional finance to keep the business going. This is why lenders have a provision for priority finance, where the lenders are given top priority at the time of settlement.
from Times of India https://timesofindia.indiatimes.com/business/india-business/jet-emergency-loans-get-green-signal/articleshow/68553899.cms
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