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Lull After (Self-Created) Storm

posted on 12 April 2016 by Sunil Jhaveri

This article is not to defend any AMCs decision to include Amtek Auto/JSPL or any such papers in their debt schemes. Neither is to justify their actions or inactions in either retaining the same or selling them. This article is also not to comment on creditworthiness of these papers or otherwise. Also, I am not writing this on behalf of any AMCs to defend or justify their actions or inactions in these situations. Once I have made these points clear, now let me tell you why I have penned this article.