Tag: financial distress

Regular IBC tweaks needed to address bankruptcy challenges, says Corporate Affairs Ministry
Posted in Economy

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…

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45-day payment rule: New fund will work with banks to help MSME units, says FM Sitharaman
Posted in Economy

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…

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Birmingham faces economic collapse amid record bankruptcy filings
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…

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Birmingham faces economic collapse amid record bankruptcy filings
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…

Continue Reading