Bankruptcy Law

The $150 billion bad debt overhang

“I completely understand why they want resolution for large defaulters quickly because the balance sheets have to be cleaned up, You cannot really push too hard, however, because if things go wrong people will start losing faith in the new code,”

Ashish Chhawchharia
Partner, Grant Thornton Advisory Private Limited

This article appeared in My Digital FC on 12th July, 2017.