Opinion

Zee case curiosity: Why personal guarantees for loans taken by firms face the arclights again

livemint.com 29 h

India

Zee case curiosity: Why personal guarantees for loans taken by firms face the arclights again — Sources: livemint.com

India’s track record of recovering dues based on personal guarantees for corporate loans has been dismal so far. This, along with the eye-popping sums involved, could explain why Subhash Chandra’s case is being watched so keenly.

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