What Satyam, IL&FS and DHFL tell us about insolvency resolution
In all three cases, if the resolution process was fairly successful, it was either because the government or the regulator stepped in early enough by appointing top-rung and respected professionals to oversee the process, backing them fully, and insulating them from legal challenges
In all three cases, if the resolution process was fairly successful, it was either because the government or the regulator stepped in early enough by appointing top-rung and respected professionals to oversee the process, backing them fully, and insulating them from legal challenges