TaxguruOct 21, 2021Measures protecting MSME from getting liquidated During Covid-19 under IBCConditions that have been enhanced to protect MSME from getting liquidated During Covid-19 – Under IBCThis Article is about the MSME sector which has been devastated During the Covid Period.The mandatory provisions that were made under INSOLVENCY AND BANKRUPTCY CODE for the protection of MSME from getting Liquidated and primarily for the revival of MSME.MSME’s have special position in the Indian economy, as key drivers of employment, growth & financial inclusion and forms major part of operational creditors along with employees and trade creditors.Read more at Tax Guru
Conditions that have been enhanced to protect MSME from getting liquidated During Covid-19 – Under IBCThis Article is about the MSME sector which has been devastated During the Covid Period.The mandatory provisions that were made under INSOLVENCY AND BANKRUPTCY CODE for the protection of MSME from getting Liquidated and primarily for the revival of MSME.MSME’s have special position in the Indian economy, as key drivers of employment, growth & financial inclusion and forms major part of operational creditors along with employees and trade creditors.Read more at Tax Guru