MUMBAI:On a Friday afternoon this month, Milind Kothari looked at his WhatsApp message with a furrowed brow.
The India head of BDO, a leading professional services firm, had received a message from his turnaround and business support partner, Sundaresh Bhat, who had just taken over ABG Shipyard as interim resolution professional (IRP) on an order by the National Company Law Tribunal. Bhat had found himself in a tough position after he reached Dahej, Gujarat, to take stock of things at the company. As soon as he reached its premises, he was surrounded by about 200 angry workers, who said they had not been paid by the company for 18 months.
At the Mumbai office, Kothari, after reading his colleagues messages, was fearful that Bhat may …
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