DISSERTATION REPORTON

AN ANALYSIS OF ALTMAN AND SPRINGATE BANKRUPTCY MODEL IN AVIATION AND STEEL INDUSTRY IN INDIA

ByTausif AhmedMajor- FinanceMinor- MarketingRoll No-107/MBA/131091Registration No- 012-1121-0010-10Session- 2013-15Submitted toUniversity of CalcuttaIn fulfilment of the requirement for the award of the degree of Master of Business Administration (MBA)ThroughIndian Institute of Social Welfare and Business Management

DECLARATION

I Tausif Ahmed student of MBA IV semester of IISWBM, hereby declare that this Dissertation report AN ANALYSIS OF ALTMAN AND SPRINGATE BANKRUPTCY MODEL IN AVIATION AND STEEL INDUSTRY IN INDIA is written and submitted by me is my original work. The entire analysis and conclusion of this report are based on the information which is collected by me during the period of my dissertation.The empirical finding in the report are based on the data collected myself while preparing this project. I have not copied anything from any source or other project submitted for the similar purpose, if any.

Tausif AhmedMBA2013-2015

ACKNOWLEDGEMENT

I take this opportunity to express my gratitude to the people who have been instrumental in the successful completion of this project. It was the continuous guidance and useful suggestions of Dr. Sujata Saha (Faculty, MBA Day IISWBM), which helped me in successfully completing the project work. I would also like to thank Dr S. K. Malik (Faculty, MBA Day IISWBM) for his advice, encouragement and cooperation throughout my curriculum. I wish to express my deep sense of gratitude to him. I also take immense pleasure in thanking my respective faculty members from IISWBM (Indian Institute of Social Welfare & Business Management) for their timely guidance in the conduct of this project work. I am grateful for their constant support and help. Without their encouragement and guidance this project would not have materialized. Also, my special gratitude to friends and family, without whose support and motivation this work could not have been completed successfully.

Tausif AhmedMBA (Day)2013-2015

Table of ContentSr NoTopicPage No

1Executive Summary1

2Introduction to Bankruptcy1

3Corporate Bankruptcy in India1-2

4Literature Review3-5

5Industry Selected5-6

6Models for Bankruptcy6-8

7Limitations of Bankruptcy Model8

8Objectives of Study9

9Data Collection and Methodology9-10

10Data Analysis and Interpretation11-24

11Conclusion25

12Bibliography25-26