WCC & Regulatory Lapses In Loan Fraud: Statutory Architecture, Enforcement Frictions And Systemic Vulnerabilities In India’s Financial Sector Abstract “This paper interrogates systemic regulatory lacunae facilitating large-scale loan fraud within Indi... See more
Introduction In project finance, large infrastructure projects are typically housed in special purpose vehicles (SPVs) – separate subsidiary companies set up solely to develop the project. This structure “rings-fences” the project’s assets and liabilities... See more
