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Exactly a year ago, I wrote that the bankruptcy law badly needs fixing. At that time, the government appeared to be serious about overhauling the legislation in the 2023 Budget.

United statesIndia generalSucheta dalalErnst youngVarada global pte ltdShipyard pteShipyard singapore pteAlok industriesShipyard ltdBankruptcy law changesWithout extensive public consultationHurried amendment will be fullNew loopholesAnil ambaniReliance capitalDefaulter bailouts