Why one-year suspension of bankruptcy law has put bankers, investors in tough spot

By Beena Parmar

  • 19 May 2020
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Credit: 123RF.com

Creditors, investors and even companies involved in distressed asset resolution will suffer a major setback as the government has decided to suspend fresh insolvency filings for one year. The move, aimed at avoiding a wave of bankruptcies from companies hit by the pandemic, comes after VCCircle reported earlier this month that ......

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