Tag: Insolvency and Bankruptcy Code (IBC)

Govt may bring in insolvency regulations for bankrupted MSME individuals

First phase will be of insolvency regulations for business individuals, while second will deal with non-business individuals

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Need to strengthen loan restructuring mechanism: Meghwal

New Delhi: The loan restructuring mechanism should be bolstered if the government were to get a firm grip on bad loans, said Minister of State for Finance Arjun Ram Meghwal. “We need to strengthen the loan restructuring mechanism… it will, along with various other measures taken by bo…