GAIL

As commercial disputes gain currency and companies feel the stress of non-performing assets(, will a better synthesis of insolvency and arbitral laws make the resolution process more comprehensive? RAJSHRI RAI, editor-in-chief of APN channel, spoke to SANTOSH SHUKLA, executive director, Insolvency and Bankruptcy Board of India, and DR SUBIR BIKAS MITRA, advisor (Law), GAIL India Ltd, in this regard

The CBI has on January 16 arrested the Director (Marketing) of Gas Authority of India Limited (GAIL) ES Ranganathan, and five others in an alleged bribery case of over Rs 50 lakh from perspective beneficiaries of a policy of providing discounts to dealers selling products of the Maharatna PSU.