Is Low Recovery Rate in Early Insolvency Cases a Cause of Worry? Can Tatas Buyout Mistrys from Tata Sons?
Many cases relating to non-performing assets of major companies are a kind of litmus test for the IBC. And the way they are resolved would reveal the effectiveness of the insolvency law.
businesstoday.in/npa-insolvency.law Mistry's SP Group, which is the single largest shareholder in Tata Sons, seeks board representation proportionate to its holdings. businesstoday. in/ tatasons-mistry