 "power, electricity")
The Allahabad High Court refusing to grant interim relief to power companies, which had filed pleas against RBI norms on stressed loans, is a setback for the sector as a whole. The authors explain why only financial engineering, without resolving key structural issues, cannot revive these stressed power projects.
On the backdrop of the 180-day grace period granted by the Reserve Bank of India (RBI) ending on Monday, the Allahabad High Court refused to grant interim relief to the firms facing National Company Law Tribunal (NCLT) proceedings. According to the RBI's February 12, 2018, circular, 60 companies that
On the backdrop of the 180-day grace period granted by the Reserve Bank of India (RBI) ending on Monday, the Allahabad High Court refused to grant interim relief to the firms facing National Company Law Tribunal (NCLT) proceedings. According to the RBI's February 12, 2018, circular, 60 companies that
