A red light and green arrow are displayed on a light-emitting diode (LED) traffic signal above vehicles moving along a road in Tokyo, Japan (Photographer: Akio Kon/Bloomberg)  

Will Putting Promoters In A Spot Strengthen Insolvency Law?

With the amendments to the Insolvency and Bankruptcy Code, promoters of defaulting companies will be encouraged to take timely action as they stand the risk of losing assets, bankers and lawyers to...

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