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Lower the default threshold from Rs 1 crore for initiating action under IBC https://ift.tt/eA8V8J

October 26, 2020 at 06:00AM
The threshold of Rs 1 crore is not only eroding borrowers’ fiscal discipline but also is effectively closing the option of approaching the NCLT for MSME operational creditors owed smaller amounts that are crucial for their survival

from The Financial Express

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