«применение современных информационно коммуникационных технологий в проведении реформ в новом узбекистане»



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MARCH 
BORROWINGS INTEREST 
SALES 
NET PROFITS 
2007 
3,337 
142 
1,806 
165 
2008 
5,834 
252 
2,234 
190 
2009 
6,956 
418 
3,021 
74 
2010 
9,673 
599 
4,327 
138 
2011 
12,123 
782 
6,615 
312 
2012 
16,050 
1,235 
9,785 
93 
2013 
19,932 
2,814 
21,388 
297 
2015 
18,009 
3,513 
24,153 
258 
2016 
22,037 
2,874 
12,924 
-4,357 
2017 
25,506 
3,442 
8,723 
-3,083 
2018 
27,415 
4,711 
5,514 
-18,580 
Table 1- Source: www.screener.in 
Insolvency Resolution Process 
On the 12
th
of June 2017, the Internal Advisory Committee of the RBI 
identified 12 accounts that covered about 25% of the banking systems non-
performing assets, for immediate resolution under the Insolvency and Bankruptcy 
Code. The IAC directed the lender Banks to refer to the Insolvency and Bankruptcy 
Court for all accounts with total outstanding loans amounting to more than INR 
5,000 crore, with at least 60% classified as non-performing by banks as on March 
31, 2016.
5
SBI the lead bank in the case initiated the insolvency proceedings against Alok 
Industries in June 2017. The company owed the lenders a total of 30,000 crore. The 
Ahmedabad bench of the National Company Law Tribunal (NCLT) admitted the 
State Bank of India’s insolvency petition, appointing Ajay Joshi as the Interim 
Resolution Professional (IRP) for insolvency proceedings. A case for liquidation 
was already pending before the Bombay HC, prior to SBI’s application. Industrial 
and Commerce Bank of China (ICBC) even seeked dismissal of the insolvency 
proceedings, but to no avail, as Section 238 of the Insolvency and Bankruptcy Code 
5
 
https://economictimes.indiatimes.com/news/economy/policy/rbi-identifies-12-accounts-with-25-per-cent-of-bank-
npas-for-insolvency/articleshow/59130725.cms?from=mdr
  



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