Reforming personal insolvency law in India

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dc.contributor.author Ramann, Siva
dc.contributor.author Sane, Renuka
dc.contributor.author Thomas, Susan
dc.date.accessioned 2016-03-07T11:37:58Z
dc.date.available 2016-03-07T11:37:58Z
dc.date.issued 2015-12
dc.identifier.uri http://hdl.handle.net/2275/384
dc.description.abstract In India, we have paid more attention to the restructuring and winding up processes for companies. In contrast, the legal framework for insolvency in India is rooted in century old laws. In this paper, we motivate the need for a personal bankruptcy law, and study the existing Indian legal framework in the form of the Presidency Towns Insolvency Act, 1909 for Calcutta, Bombay and Madras and the Provincial Insolvency Act, 1920. We also study the systems in the UK and Australia, and draw lessons for reform for India. en_US
dc.language.iso en en_US
dc.relation.ispartofseries WP;WP-2015-035
dc.subject Personal insolvency resolution en_US
dc.subject bankruptcy resolution en_US
dc.subject entrepreneurs en_US
dc.subject sole proprietors en_US
dc.subject personal credit en_US
dc.title Reforming personal insolvency law in India en_US
dc.type Working Paper en_US

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