"If there is a good outcome from the negotiations between the creditors and the corporate debtor, then that is better than dragging into insolvency... but if that (insolvency) is only option left at that stage, then bankers will take a call," he noted.Good outcome from creditors-company negotiations better than insolvency, says govt official on Jet Airways
"If there is a good outcome from the negotiations between the creditors and the corporate debtor, then that is better than dragging into insolvency... but if that (insolvency) is only option left at that stage, then bankers will take a call," he noted.
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