MSME NPAs require a different approach
01 Feb 2018
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Sapan Gupta, national practice head, banking & finance, Shardul Amarchand Mangaldas: ''Under the current bankruptcy regime, the law does not make a distinction on the basis of size of the loan except a fast track process for small companies. A separate approach on MSME within the current framework will require further changes in the Bankruptcy regime and will be a welcome step. MSME NPA requires a different approach compared to large accounts specifically on debarment of promoters.''
