The Indian Insolvency Regime in Practice – An Analysis of Insolvency and Debt

Aparna Ravi ()

Working Papers from eSocialSciences

Abstract: This paper analyses 45 cases of insolvency and bankruptcy resolution in order to measure the efficiency and problems of the present laws for firm bankruptcy in India. These cases have been selected to cover a month of judgements under the reorganisation provisions of the Sick Industrial Companies Act, (SICA) 1985, the winding up provisions of Companies Act, 1956, and the debt enforcement provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI), 2002.

Keywords: securitisation; reconstruction; financial assets; enforcement; security; interest; debt; India; insolvency; bankruptcy; civil courts; Maximise economic value; Collective default resolution; Debt enforcement; Conflicts in law; Conflicts in adjudication; Multiple adjudicating fora; Unified insolvency and bankruptcy resolution; Case law (search for similar items in EconPapers)
Date: 2015-11
Note: Institutional Papers
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Citations: View citations in EconPapers (6)

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