Pre-pack scheme: Insolvency resolution time may be cut to just 3-4 months https://ift.tt/eA8V8J

November 25, 2020 at 07:15AM
The government is weighing a proposal to reduce by more than a half the time limit for the resolution of stressed assets under a so-called ‘pre-pack’ insolvency scheme. Any such move would not just expedite the resolution of bad debt but also cut costs.

from The Financial Express