India - Overwhelmed - Insolvency Ecosystem.

Legal News & Analysis - Asia Pacific - India - Insolvency & Restructuring

13 June, 2019

 

Business Today published an article online as well as in its print magazine on the insolvency ecosystem being plagued by inadequate number of benches and staff crunch, resulting in delays.

 

The article carries quotes by Devesh, stating that the government should consider doubling the number of benches at the NCLT to handle thousands of cases that have come up within 2 years of its constitution and that the present scenario is much better than what it used to be before 2016/17.

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For further information, please contact:
 

Devesh Juvekar, Partner, Rajani Associates

devesh@rajaniassociates.net