In January, Innoventive Industries, a speciality steelmaker based in western India, was forced into the bankruptcy court by its lenders, testing for the first time new insolvency rules that aim to resolve India's $150 billion bad debt overhang....
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By REUTERS from NYT Business Day http://ift.tt/2tIHocc
By REUTERS from NYT Business Day http://ift.tt/2tIHocc
First Test of India's New Bankruptcy Law Offers Cautionary Tale
![First Test of India's New Bankruptcy Law Offers Cautionary Tale]()
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July 11, 2017
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