India has been witnessing a growing number of Corporate Frauds, Corporate Crimes, NPAs, Wilful Defaults etc. One of the methods of resolving these kinds of Corporate Frauds and NPAs has been takeovers of failed and fraudulent entities by new investors and new management. This is done to revive the entity and bring some kind of stability in shaky system. In this episode of the Business Tit-Bits, our Business Editor Mr Akhilesh Bhargava shares his take.
#NPA #TakeOvers #BhushanSteel #EssarSteel #JetAirways #NCLT
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