The resolution process can be further delayed if the shareholders of a bank challenge the authority of the regulator to resolve the bank.
In India, an enterprise proposing to enter into a combination via a merger or an amalgamation is required to notify the Competition Commission, and the Commission has been allowed up to 210 days to decide on it before the default clause kicks in. This further complicates the resolution of banks through mergers and the uncertainty can be potentially destabilizing.