Why not have a US Chapter 11-equivalent in the bankruptcy code? - Ti...

Why not have a US Chapter 11-equivalent in the bankruptcy code?
Times of India (blog)
The draft new bankruptcy code displayed on the website of the finance ministry is a welcome move. However, it lacks provisions equivalent to those of Chapter 11 of the US bankruptcy law, which allow a voluntary appeal by a debtor to be given a chance ...
Bankruptcy law needs a supportive ecosystem to succeedBusiness Standard (press release) (registration) (blog)
Adopt the insolvency and bankruptcy bill fastEconomic Times (blog)
Panel proposes 180-day cap for settling bankruptcy casesHindustan Times

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