New Delhi: March 15, 2016, DHNS
Finance Minister Arun Jaitley on Monday urged the Opposition to help pass bankruptcy and insolvency laws in Parliament, in absence of which, the government was unable to get a firm handle on the long pending issue of non-performing assets (NPAs), and wilful defaulters.
The country needs bankruptcy and insolvency laws. That will give power to the authorities to take over management when a company is sinking, Jaitley said in his reply to the discussion on the Budget for 2016-17 in …
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