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What is Lender about?

This document discusses lender liability in corporate borrowings. It uses the example of Kingfisher Airlines, whose loans from banks led to a corporate borrowing fiasco. The document explores the concept of lender liability, which holds that lenders can be liable not just for negligence in loan approval but also for failing to take timely action when loans become distressed. It examines circumstances where lenders may face liability, such as for breach of contract, fiduciary duties, or improper collateral s

Author

shreyanshi

Language

EN