Keywords
Bankruptcy,
Industry,
Insolvency,
Economic Efficiency,
Corruption,
Moral Hazard,
Sick Industrial Corporates & AssociationsAct,
Board for Industrial & Financial Reconstruction,
Liquidation,
Business,
Department of Telecommunications (DoT),
State Financial Corporation,
Moleskin,
Provident Fund,
Insurance,
BHEL,
Mineral & Metal Trading Corporation,
Indicus Analytics,
Laveesh Bhandari,
Peeyush Bajpai,
Bibek Debroi,
This study sponsored by Friedrich-Naumann-Stiftung dealt with the issue of bankruptcy of small businesses in India. The main aim was to identify the major problems faced by Small Scale Industries in India from the economic, financial, legal, and human angles. The current insolvency regime was analyzed, key flaws identified and measures for reform were suggested The study took up case studies of firms that have become insolvent in the past in different states in the country. While the role played by various government and public sector bodies was highlighted, the work also threw some light on an understanding of the insolvency procedures in other countries.
Other Related Studies
:-Agriculture, Industry and Services
:-Friedrich Naumann Stiftung ,Rajiv Gandhi Institute for Contemporary Studies (RGICS)