India: Insolvency & Bankruptcy Procedure for Corporates
The Terms ‘Insolvency’ and ‘Bankruptcy’: In common parlance, insolvency and bankruptcy is often used interchangeably. However, there is a marginal difference between these two words. Insolvency refers to a situation when an individual or an entity is not able to meet the financial obligations due to excess of liabilitiesZobrazit více
September 3rd, 2024