BC has only one objective, that is, reorganisation. It reorganises the affairs of a company to rescue it if its business is viable or to close it if its business is unviable, Sahoo said.from Economy-News-Economic Times https://ift.tt/3AucCG3
Monday, July 5, 2021
Insolvency law’s aim is business rejig, not recovery: M S Sahoo, chairman, IBBI
BC has only one objective, that is, reorganisation. It reorganises the affairs of a company to rescue it if its business is viable or to close it if its business is unviable, Sahoo said.from Economy-News-Economic Times https://ift.tt/3AucCG3
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