Defaulting promoters must be barred from bidding: Shikha Sharma - News Summed Up

Defaulting promoters must be barred from bidding: Shikha Sharma


"I believe in the long-term as opposed to the short- term. "Sharma also welcomed the NCLT process as a very strong and responsive mechanism which has shown a willingness to change if there is a need. "Every time there is a talk of farm loan waiver, there is an increase in defaults on agricultural loans because people feel they don't need to pay up. I don't know whether anybody has the right answers. You have had Communism, Socialism, capitalism...I don't think if we have a clear winner yet."


Source: Economic Times March 04, 2018 11:03 UTC



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