Towards meaningful restructuring and speedy winding up

RAMAMURTHY, G M

Towards meaningful restructuring and speedy winding up - 2013 - 425-428

Increasing trend of NPAs calls for restructuring of corporate debts, which sholud be carried out in a timely and cost effective manner. CDR mechanism, SICA and SARFAESI have contributed to some extent in restructuring debts. CDR schemes should aimat making a corporate financially viable and not managing the books of the lenders temporarily. Co-operation of the borrowers is equally essential.

FINANCIAL ECONOMICS

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