Washington/New Delhi: With implementation of a series of reforms including enactment of Insolvency and Bankruptcy Code (IBC), India has climbed to 4th position in protecting interest of minority investors, as per the latest ‘Ease of Doing Business Report’ of the World Bank. This is the first time that India has figured in the top five nations in one of the parameters for determining ‘ease of doing business’.
“India performs well in the areas of protecting minority investors, getting credit and getting electricity. The country’s corporate law and securities regulations have been recognised as highly advanced, placing India in the fourth place in the global ranking in protecting minority investors,” the report said.
The World Bank lat…
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