| 000 -LEADER |
| fixed length control field |
01054nam a22001577a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
| fixed length control field |
210208b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
| Personal name |
Sahoo, M.S. and Guru, Anuradha |
| 245 ## - TITLE STATEMENT |
| Title |
Indian insolvency law |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
| Place of publication, distribution, etc |
Vikalpa: The Journal for Decision Makers |
| 300 ## - PHYSICAL DESCRIPTION |
| Extent |
45(2), Apr-Jun, 2020: p.69-78 |
| 520 ## - SUMMARY, ETC. |
| Summary, etc |
The failure of some business plans is integral to the process of the market economy. When business failure takes place, the best outcome for society is to have a rapid renegotiation between the financiers, to finance the going concern using a new arrangement of liabilities and with a new management team. If this cannot be done, the best outcome for society is a rapid liquidation. When such arrangements can be put into place, the market process of creative destruction will work smoothly, with greater competitive vigour and greater competition.- Reproduced |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name as entry element |
Economy, Indian Insolvency Law |
| 9 (RLIN) |
21744 |
| 773 ## - HOST ITEM ENTRY |
| Main entry heading |
Vikalpa: The Journal for Decision Makers |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) |
| Subject DIP |
BANKRUPTCY - INDIA |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
| Item type |
Articles |