PSUs with high liabilities may face IBC-based closure - Shahpur Turk CSC - Common Service Centre in Sonipat PSUs with high liabilities may face IBC-based closure

15 December 2021

PSUs with high liabilities may face IBC-based closure

PSUs with high liabilities may face IBC-based closure














PSUs with high liabilities may face IBC-based closure

The government has unveiled a new public sector companies’ policy for nonstrategic sectors so that the department of public enterprises (DPE) can drive the privatisation or closure of state-run firms. In cases where the liabilities are “exorbitantly high”, the government has indicated its willingness to go for the Insolvency & Bankruptcy Code (IBC) route as well.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News PSUs with high liabilities may face IBC-based closure
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