The Viewpoint - Rethinking Insolvency In Times of Financial Crisis

Bar & Bench December 22 2011

Bar & Bench brings to you the second article on 'The Viewpoint' series with its knowledge Partner Luthra & Luthra. Partner Piyush Mishra and Associate Siddharth Srivastava discuss the need of an effective insolvency regime and the state of the current insolvency laws .

Need of an effective insolvency regime

 

As the experience in the current financial crisis demonstrates, corporate failures, irrespective of the level of maturity of corporate governance practices, are inevitable in a complex global economy. Today more than any other time in the past decade, it is essential that appropriate system of . . .

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