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Tag: Insolvency

Finance

The Rs 22,606 Crore Question

Dr Chandrakant Kamble -
This is a proposed recovery under personal insolvency resolution process, not a final settlement of every debt owed to every lender. The plan was...
Chennai

Aban Offshore braces for hard times

R S Sumedh -
Last week, Aban Offshore, the Chennai-based company that provides drilling services to oil companies, announced it had entered into an agreement with the Central...
Banking

Mighty resolutions, measly recoveries

V Ranganathan -
Banks have got accustomed to swallowing the bitter pill in bad loan cases. With every other IBC resolution popping out of the NCLT, the...

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