Why are bankrupt PSUs not a failed enterprise?

Season 1 Episode 30  ยท  Jul 30, 2018, 08:31 AM

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A bankrupt entity is a failed enterprise, which should thus be liquidated and closed. But why that does not apply to PSBs and PSUs? Mr. Akhilesh Bhargava, Business Editor of HW Business and Finance shares his insights on the matter.