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FISME Policy Paper
Towards Establishing Modern Insolvency and Bankruptcy Codes for SMEs in India
‘Temporary stresses’ in business and eventual closure in many cases are inevitable. So a fair and effective mechanism to deal with insolvency and bankruptcy is a prerequisite for enabling risk-taking and enterprise creation.
Though insolvency and bankruptcy are generally used together, the terms are not [...] read more... |
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July 9th, 2009
Author : Anil Bhardwaj |
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Expert Advice / Small Business Legislation