Inc & Out: How Voluntary Liquidation in India Has Become the New Game in Town

Voluntary liquidation is rapidly emerging as the preferred route for company promoters seeking to wind down operations, rather than prolonging unviable businesses and absorbing mounting losses alongside compliance costs. Since the inception of the Insolvency and Bankruptcy Code (IBC), about 2,417 companies initiated voluntary liquidation, of which final reports have been submitted in 1,867 cases as of September-end, the Economic Times of India reported.
India
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China Vanke’s Brewing Crisis Suggests Limited Property Easing to Come

China Vanke, once the country’s largest home developer, is no longer too big to fail. As the state-backed property giant buckles under the weight of its debt, the government has so far refrained from stepping in, the Wall Street Journal reported. Analysts say that sends a clear message: Beijing isn’t coming to the sector’s rescue. Vanke, which has about $170.43 billion in assets, is set to become the latest domino to fall after the Shenzhen government abruptly reversed its position on a partial bailout of the developer.
China
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China Leaves Benchmark Lending Rates Unchanged for Seventh Straight Month

China left benchmark loan prime rates (LPRs) unchanged for the seventh consecutive month in December on Monday, matching market expectations, Reuters reported. The steady LPR fixings in December suggested that the authorities are not in a rush to deliver fresh monetary easing measures as the world's second largest economy appears on track to hit Beijing's growth target for the year.
China
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