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Build mediation centres: ICAI
May 13, 2025
|Mint New Delhi
Stronger penalties on major shareholders and directors of bankrupt companies for failure to cooperate in debt resolution could make corporate turnaround efforts more efficient, according to the Institute of Chartered Accountants of India (ICAI).
A system of advance ruling on bankruptcy-related laws similar to that existing for income tax would also help, it said in recommendations to the government after studying the working of the Insolvency and Bankruptcy Code (IBC).
هذه القصة من طبعة May 13, 2025 من Mint New Delhi.
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