This title was first published in 2001. A developing country that is pursuing free market economic policies requires a modern commercial law infrastructure, which enables the emerging economy to have in place properly functioning credit and other financial systems which stimulate domestic and foreign investment. This book provides a comparative analysis of the law and practice of debt recovery in India, Sri Lanka and Malaysia, demonstrating that a suitable debt-recovery system for a developing economy requires not only good laws and judicial remedies, but also appropriate financial industry practices such as credit and loan supervision policies.
Table of Contents
Contents: Introduction; Credit allocation and debt recovery: the reform context; Credit allocation and loan supervision; Enforcement of security; Recovery through the courts; Final observations and recommendations; Bibliography.
Sonali Abeyratne, Solicitor England and Wales, Attorney at Law, Sri Lanka