Month: April 2021

Highlights of pre-pack scheme for MSMEs

Highlights of pre-pack scheme for MSMEs

The government has given a go-ahead to the pre-pack scheme for micro, small and medium enterprises (MSME) through an ordinance...

Monetary penalty on insolvency professionals

Financial creditors recover only 10% of claims in 23 resolutions during Oct-Dec quarter

In the October-December 2020 quarter, 23 Corporate Insolvency Resolution Processes (CIRPs) yielded resolution plans helping banks and other financial institutions...

Homebuyers

The story of a UK real estate company and its broken promises

It looks like the malaise that afflicts the real estate sector – misappropriation of funds and delay in delivery --...