ADVERTISEMENT
Covid-19 Impact: A Relief Strategy For Distressed Businesses Seeking IBC Restructuring
02 May 2020, 03:59 PM IST
In a previous article, we critiqued the government’s approval to suspend the Insolvency and Bankruptcy Code, 2016 in its entirety, and argued that permitting companies to restructure their debt under the shelter of the IBC would have more efficient outcomes. We also proposed that the government should set up a fund that provides interim finance to companies that choose the formal route of restructuring their debt under the IBC.It is ...
I’m already a Subscriber Sign In
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Choose a plan
Renews automatically. Cancel anytime.
As a Subscriber you get
Full Access to
NDTV Profit App
Exclusives
Premium Stories
Access to
Stories
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Minimal Ad
Experience
Members-Only
Rewards
Still Not convinced ? Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT