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Transitioning from Deterrence to Negotiation: Reevaluating Section 66 Post-Piramal v/s 63 Moons
The Supreme Court has indicated that its increased role in addressing fraud in insolvency will be more grounded in market logic than in corrective justice.
Prakhar Dubey
Apr 35 min read
Zombie Firms, Evergreening, and Insolvency: Recalibrating India’s Credit and Regulatory Architecture
Zombie companies drain capital from healthy firms and undermine policy tools. India's shift toward strict enforcement is beginning to bear fruit, but ongoing vigilance, strict identification of NPs, strong insolvency procedures, and a strong banking culture are required to prevent credit from pushing zombies rather than innovation.
Megha Pillai, Aarusha Yadav
Oct 18, 20256 min read
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