Jury is still out on whether bankrupt companies be allowed to trade on bourses

Retail shareholders are often at the losing end of bankruptcy resolutions at companies. Among other recent examples, hundreds of thousands of retail shareholders in Videocon Industries and Value Industries, and Dewan Housing Finance will get nothing from the resolution plans approved for these companies. In Ruchi Soya Industries, their holding will fall to 1.13% from 84.47%.

from Stocks-Markets-Economic Times https://ift.tt/3x0F8x0