Insolvency code should be suspended for six months to help companies recover | The Indian Express

Insolvency code should be suspended for six months to help companies recover | The Indian Express

Insolvency code should be suspended for six months to help companies recover

APRIL 17, 2020 12:16:07 PM

After the lockdown is over, several companies are likely to default on their dues to both operational and financial creditors. The latter include banks and others who have given financial assistance to a company in the form of loans and debentures.