Why liquidation framework remains inadequate despite policy push?

By Beena Parmar

  • 23 Aug 2019
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Credit: Thinkstock

Despite recent changes aimed at improving the liquidation process for bankrupt firms, the dissolution framework does not squeeze optimum value from assets and is not on par with that of the resolution procedure, experts told VCCircle. In July, the Insolvency and Bankruptcy Board of India (IBBI) had rolled out amendments to ......

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