Netting and payments finality : proposed changes to the law

Release date
01/09/1996
Reference
Vol. 59. No. 3. September 1996
Author
Sachin Zodgekar
This article outlines the proposed changes to insolvency law, contained in two discussion papers recently released by the Reserve Bank, which the enforceability of netting arrangements and the finality of payments settled on the day that an insolvency commences.