Session details

5th Asia Pacific Regional Forum Biennial Conference: Resilient Asia – Fighting Global Headwinds

15 Feb - 17 Feb 2017

Session information

Non-performing assets and distressed loans – can bankers and company promoters be friends again?

Committee(s)

Asia Pacific Regional Forum (Lead)

Description

This panel will discuss issues surrounding non-performing loans and why banks have had difficulties in recovering their funds from companies and promoters.

  • Do laws need to be tightened and how can lending and security creation be made more robust in India, China and the Asia Pacific region.
  • Are insolvency laws (especially India’s new insolvency code) strong enough?
  • Can company promoters be made personally liable for corporate default (eg, Sahara and Kingfisher)?
  • What are the issues and challenges in asset-tracing and eventual recovery?

Session / Workshop Chair(s)

Narayan Iyer Linklaters LLP, London, England

Speakers

Tony Budidjaja LL.M. Budidjaja & Associates Lawyers, Jakarta, Indonesia