Corporate Debt Restructuring -- A revival mechanism for companies

Kashyap Arunkumar Ganatra

Abstract


In spite of their best efforts and intentions, sometimes corporates find themselves in financial difficulty because of factors beyond their control and also due to certain internal reasons. For the revival of the corporates as well as for the safety of the money lent by the banks and financial institutions, timely support through restructuring in genuine cases is called for. This paper highlights the fact that there is a need to create awareness about Corporate Debt Restructuring as a revival mechanism.


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ISSN : 2251-1547