Deciphering India’s Insolvency and Bankruptcy Bill – India Briefing
By Siddhartha Thyagarajan & Kabir Narang The Indian governments attempts to ease doing business currently seem one-sided. Facilitating market entry and tearing down barriers to production and trade are just one side of the coin. The other involves allowing defunct, unhealthy firms to seamlessly exit the market, where they can easily liquidate their assets. The current…