the share capital from pure equity to equity and preference with the latter being redeemable at a long date (under 20 years) with only a notional divided (.01 per cent) being paid on them, conversion of debt due pany to the promoter as equity or preference share, bringing in of additional capital by the promoter or merging pany with an another healthy profit pany controlled by the promoter. The methods of extricating sacrifice from the promoter enumerated here are not exhaustive. But from the sacrifice entailed from the promoters, what is analysed is whether the promoters are keen and interested in revival of the unit as the creditors or whether the promoters are more free riders. The sacrifice also ensures that the moral hazard of indifferent/bad managements being rewarded with better and
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