Tag: financial distress
Posted in Economy
Regular IBC tweaks needed to address bankruptcy challenges, says Corporate Affairs Ministry
November 3, 2024 Leave a Comment on Regular IBC tweaks needed to address bankruptcy challenges, says Corporate Affairs Ministry
The corporate affairs ministry has underscored the need for a “continuous refinement” in the Insolvency and Bankruptcy Code (IBC) to address future challenges in corporate…
Posted in Economy
45-day payment rule: New fund will work with banks to help MSME units, says FM Sitharaman
July 28, 2024 Leave a Comment on 45-day payment rule: New fund will work with banks to help MSME units, says FM Sitharaman
The union government is working on a new fund which would work with banks to see that MSME units would continue to receive support if…
Posted in UK News
Birmingham faces economic collapse amid record bankruptcy filings
NEW DELHI: The city of Birmingham, once heralded as a beacon of municipal excellence, now grapples with severe financial distress, leading to drastic public service…
Posted in UK News
Birmingham faces economic collapse amid record bankruptcy filings
NEW DELHI: The city of Birmingham, once heralded as a beacon of municipal excellence, now grapples with severe financial distress, leading to drastic public service…