Insolvency Reform: Streamlining Business Failure Solutions
Published on: Aug. 12, 2025, 9:33 p.m. | Source: Devdiscourse
The government unveiled a bill to reform insolvency law, introducing initiatives like out-of-court resolutions, group insolvency frameworks, and cross-border protocols. The proposed changes aim to expedite processes, maximize asset value, and enhance governance, benefiting stakeholders and promoting ease of business operations.
