Latest News on Sick Industrial Companies Act
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Sick Industrial Companies Act - Total results - 3
Dec 22, 2015
Bankruptcy Bill: The fight against crony capital now has two legsThe Bankruptcy Code will allow no such leniency and excess recourse to courts, making it difficult for promoters to drag the recovery process endlessly, often after looting the company.
Jun 09, 2015
Bankruptcy code: Jaitley should speed up, as Rajan is moving faster than himThe finance minister promised a bankruptcy code this year. Arun Jaitley should get this done quickly as the action against loan defaults and corporate failure is moving faster on the RBI side than on the legislative side.
Mar 17, 2015
Jaitley's auction paradox: Without bankruptcy code, high bids also endanger banksThe coal and spectrum auctions are good for the exchequer, but if banks have to lend to bidders and some of them go bust, the problem will blow up in Arun Jaitley's face as banks begin to face bankruptcy