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Messy fix: the amended insolvency code - The Hindu


Insolvency and bankrupcy code, Bad loads= malafide intent?, Unpredictable  external forces, Not mere  Instrument of liquidation, What Happened? Ordinance, Hurts more than helps?, Why? To prohibit some, Why? To preserve credibility, Category of Inelligible persons, Issue: Too broad, Aim: To deny unscrupulous and willful defaulters, How? By antecedents, Maximisation of  values of assets, Reorganisation and insolvency resolution, Promote Conducive Business atmosphere

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