Shardul Shroff - top deal-maker and executive chairman at Shardul Amarchand Mangaldas has emerged fresh from the split of India's biggest corporate law firm Amarchand Mangaldas. He is of the belief that the Modi Sarkar should have been more reactive and doused out the MAT controversy sooner. Shroff also said the government needs to urgently address the mounting bad debt in the banking system, adding that deal activity will pick up once the mismatch between the markets and corporate earnings is settled. Hear him out.