The Great Corporate Diet: Voluntary Liquidation Lite™
When ‘too big to fail’ discovers it’s also ‘too bloated to bother,’ and learns there’s a cleanse for capitalism.
A sleek “Voluntary Liquidation Bar” in Mumbai’s financial district. At the counter, a smug company promoter in an expensive suit is cheerfully ordering a bright green “IBC Clean Exit Smoothie” from a hipster bartender labeled “Insolvency & Bankruptcy Code.” Behind them is a chalkboard menu: “Today’s Specials: ‘Avoid Mounting Losses’ Latte, ‘No Jail, Just Bail’ Juice, ‘Compliance-Free Frappe.’” In the background, a line of ghostly, half-transparent company logos labeled “Unviable Business” are happily dropping their heavy “Debt” backpacks and stepping through a glowing door labeled “VOLUNTARY LIQUIDATION – NO CONSEQUENCES, NO CALORIES.” Outside the window, ordinary workers, small creditors, and retirees are huddled under a leaking awning labeled “Creditors,” getting soaked by a black raincloud titled “Write-Offs & Job Losses.” One worker looks at the liquidation bar and mutters on a tiny speech bubble: “Funny how only the companies get a clean exit.”
Source headline
Inc & Out: How voluntary liquidation has become the new game in town
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