1.0Kamal Sandeshhttps://kamalsandesh.orgkamalsandeshhttps://kamalsandesh.org/author/kamalsandesh/rich600338<blockquote class="wp-embedded-content" data-secret="QQMVu7IrBv"><a href="https://kamalsandesh.org/2100-companies-settle-rs-83000-crore-bank-dues/">Over 2,100 companies settle Rs 83,000 crore bank dues</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://kamalsandesh.org/2100-companies-settle-rs-83000-crore-bank-dues/embed/#?secret=QQMVu7IrBv" width="600" height="338" title="“Over 2,100 companies settle Rs 83,000 crore bank dues” — Kamal Sandesh" data-secret="QQMVu7IrBv" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /* <![CDATA[ */ /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); /* ]]> */ </script> https://kamalsandesh.org/wp-content/uploads/2018/01/rupee-currency.gif600343The fear of losing control over their companies has prompted promoters, who have defaulted on repayment of loans to banks, to settle their dues of around Rs 83,000 crore before action was initiated under the newly-enacted Insolvency and Bankruptcy Code (IBC). On last count, data compiled by the ministry of Corporate Affairs (MCA) showed that