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?
Thursday 16 February (1430 - 1600)
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)
Speakers
| Tony Budidjaja LL.M. | Budidjaja & Associates Lawyers, Jakarta, Indonesia |