India gets tough on intercompany loans
Apr 14, 2014
Corporate India pledges shares to secure funding
Corporates in India are increasingly resorting to pledged shares to secure funding following tighter lending rules and financing difficulties, lawyers warn of troubles in the structure.
More Indian companies have pledged shares to raise funds this year, as India’s regulators have tightened lending rules, said Dipankar Bandyopadhyay, partner of Verus.
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