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Friday, August 26, 2022

Insolvency and Bankruptcy Code is not a win-win mechanism.

Insolvency and Bankruptcy Code is not a win-win mechanism.
Financial Creditors are at the 'receiving end' losing heavily. For every Rs.100, Banks are losing Rs.69 and realising only Rs.31!
Debtors are often benefitted.
Companies and Corporations, sellers and buyers become gainers.





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