From SARFAESI To The Insolvency Code: Two Decades Of Legal Reform That Shaped India’s Stressed-Asset Recovery Market

Laws rarely create industries. Occasionally they do. The market that the Asset Reconstruction IPO belongs to exists because a sequence of Indian statutes deliberately built it, piece by piece, over roughly twenty years. For Lokmat Times readers tracking financial-sector developments, following that legislative trail explains more about the business than any single balance sheet could. 1993: … The post From SARFAESI To The Insolvency Code: Two Decades Of Legal Reform That Shaped India’s Stressed-

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