Pre-packaged insolvency resolution framework for MSMEs soon, say officials_5f47921ba276f.jpeg

Pre-packaged insolvency resolution framework for MSMEs soon, say officials

The government is drawing up a framework for resolution of MSMEs under the Insolvency and Bankruptcy Code (IBC), which could be rolled out soon, said a senior official. “We may experiment with pre-packs for MSMEs and then expand it,” said the official.

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