Come midnight, 28 large debt-ridden companies could face insolvency proceedings if they fail to find a resolution--- in fact, sources tell us that most of these companies are likely to end up in the National Company Law Tribunal (NCLT).
So what does all this mean for the banks and more importantly for the stressed companies is the topic of our editors' roundtable and discuss the same, CNBC-TV18's Shereen Bhan was joined by Ritu Singh and Latha Venkatesh.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!