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Why The Power Sector Deserves Exemptions To The IBC
The provisions of the IBC should be relaxed in terms of their applicability to the power sector, argues Hemant Sahai.
12 Apr 2020, 11:02 AM IST
It is an established fact that a robust power sector provides one of the fundamental underpinnings for modern socio-economic development. While a series of legislative reforms by the government – beginning with the plan in 1990s to galvanise private sector investment in this sector and resulting in the Electricity Act, 2003 as a comprehensive legislation governing this sector – have sought to modernise different aspects of this secto...
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