How a legal loophole allows BJP MP Rajeev Chandrasekhar to hide his full wealth from election panel

On March 12, 2018, as a part of his Rajya Sabha application as a Bharatiya Janata Party candidate, Rajeev Chandrasekhar submitted an intriguing affidavit listing his assets and sources of wealth to the Election Commission. The affidavit, a mandatory requirement for electoral aspirants, pegged the businessman-turned-politician’s annual income at Rs 28 crore and valued his […]

More on the asymmetry that rules India’s business insolvency process

Since October last year, Scroll has been (intermittently) reporting on how India’s insolvency proceedings are coming along. Cumulatively, these reports flag a couple of peculiar patterns. A lot of companies are up for sale — In a country with 7500 companies with a topline over Rs 250 crore, 2511 companies are slated for insolvency proceedings. […]