MUMBAI -- India is planning new measures to clarify a landmark corporate bankruptcy law that was meant to bring the nation's largest corporate borrowers to heel, amid complaints it has become a "mockery of justice."
Weak recoveries and long delays prompt calls for a makeover of 5-year-old law

A wave of defaults need to be resolved after India's COVID crisis, raising fears that bankruptcy courts could become overwhelmed. (Source photos by Reuters and Kosaku Mimura)
MUMBAI -- India is planning new measures to clarify a landmark corporate bankruptcy law that was meant to bring the nation's largest corporate borrowers to heel, amid complaints it has become a "mockery of justice."