Bankruptcy filing set to speed up
Hindustan Times|February 12, 2024
Govt is working on standard operating protocol for creditors to quicken admission
Subhash Narayan
Bankruptcy filing set to speed up

Bankruptcy filings and admission may speed up in the near future with the government planning to issue rules on when creditors should initiate the process and how.

Financial services secretary Vivek Joshi said the government is working on a standard operating protocol (SOP) for creditors to speed up admission, as existing procedures lead to delays sometimes stretching to years.

この記事は Hindustan Times の February 12, 2024 版に掲載されています。

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この記事は Hindustan Times の February 12, 2024 版に掲載されています。

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