मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
Govt eyes bankruptcy early-warning system
Mint Mumbai
|October 04, 2025
Holds discussions on tracking signals of distress ahead of a default
The Insolvency and Bankruptcy Code is currently focused on firefighting after bankruptcy proceedings are initiated either by the creditors or the firm itself.
A system prompting businesses totakestepsto mitigate financial distress before it gets out of hand could become a feature of India’s corporate and bankruptcy law if early discussions in the government fructify, according to two persons familiar with the discussions.
The idea is to enable company executives and lenders to watch signals of financial distress that precedeapayment default and to preempt insolvency, the people said on the condition of anonymity.
It could take some time before formal proposals are framed, as the matter requires broad-based consultations, they added.
यह कहानी Mint Mumbai के October 04, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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