TY  - GEN
AU  - KOTHARI, VINOD
AU  - BAGARIA, SOMA
TI  - Resolution versus creditor rights: India strongly needs to tame SARFSESI Act
PY  - 2013///
KW  - REORGANIZATION
N2  - Resolution of sickness, liquidation and enforcement of security interests need a balance. Enforcement of security interests is a topical remedy, while liquidation is a holistic remedy. Before either of these, the possibility of revival of a bankrupt entity need to be evaluated, as the society cannot afford to kill business which have a chance of survival. Unbridled enthusiasm in enforcing the provisions of the SARFAESI Act has created a situtation where the vry philosophy of revival of companies has been put to question
ER  -