Lender banks cannot be left hanging for forever: Supreme Court of India
NEW DELHI: “Lenders cannot be left hanging for forever”, the Supreme Court today observed and made it clear that the Insolvency and Bankruptcy Code (IBC) was brought to ensure that the dues of the companies, declared non-performing assets (NPAs), are recovered by the banks. A bench of Justices R F Nariman and Indu Malhotra also […]