“While modelled on debtor-in-possession approach, it vests significant consent rights to the financial creditors, such that the mechanism cannot be misused by errant promoters. “Further,…
View More Govt amends IBC, introduces pre-packaged resolution process for MSMEs – Check out new changes here
The Ministry of Micro, Small and Medium Enterprises (MSME) has emerged as the growth engine of the economy, the sector is showing signs of revival…
View More MSME emerged as growth engine of economy, says RBI Governor Shaktikanta Das
N Kamakodi, MD & CEO Private sector lender City Union Bank (CUB) said the bank has identified accounts worth Rs 1,037 crore for restructuring during…
View More City Union Bank chief expects total recast at around 5-6%