Avoid bankruptcy trial for companies with minor defaults: FinMin
The finance ministry has issued an advisory to the Indian Banks’ Association (IBA) asking it to avoid referring companies with loans defaults of less than Rs. 200 crores to the bankruptcy tribunal, two bankers familiar with the matter said.
Avoid bankruptcy trial for companies with minor defaults: FinMin
The finance ministry has issued an advisory to the Indian Banks’ Association (IBA) asking it to avoid referring companies with loans defaults of less than Rs. 200 crores to the bankruptcy tribunal, two bankers familiar with the matter said.