Making liquidation smooth was the target of Bankruptcy Code: Bhupender Yadav, – Hindu Business Line

Key will be timely implementation, says Joint committee chief New Delhi, April 28:   The existing framework for insolvency and bankruptcy is inadequateand laws are scattered when it comes to dealing with business failure. There is a need for comprehensive legislation, said Bhupender Yadav, Chairman of the Joint Committee on the Insolvency and Bankruptcy Code. Yadav,…

The KG basin scam part II – The Hindu

The GSPCs loans for gas exploration increased from zero to nearly Rs.20,000 crore when its own estimates of reserves in the Krishna-Godavari basin kept coming down sharply In 2005, two different business groups forayed into new ventures. One into commercial aviation, the other into gas exploration. Both announced their entry in a grandiose manner one…