Rajat Mahajan
8 years 3 months ago
Sir, the new insolvency act is killing large corporations and even the builder projects. No one is gainer - Banks, customers, govt, builders - all are loosers. We are strict, thats fine but these large companies created over so many years n decades needs to be revived, than bing wound up faster. Even banks will get fraction of their lending to these corporates. So why not sell these to some other corporates at those low valuations, instead of selling their assets and everyone loosing. Pls ponder
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