Reforming Personal Insolvency Law in India

Published By: Indira Gandhi Institute of Development Research (I | Published Date: December , 2015

This paper motivates the need for a personal bankruptcy law, and study the existing Indian legal framework in the form of the Presidency Towns Insolvency Act, 1909 (PTIA) for Calcutta, Bombay and Madras and the Provincial Insolvency Act, 1920 (PIA). We also study the system in the UK and Australia, and draw lessons for reform for India.

Author(s): Siva Raman, Susan Thomas, Renuka Sane | Posted on: May 02, 2016 | Views()

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