The threshold of Rs 1 crore is not only eroding borrowers’ fiscal discipline but also is effectively closing the option of approaching the NCLT for MSME operational creditors owed smaller amounts that are crucial for their survival
from The Financial Express https://ift.tt/3opqStG
from The Financial Express https://ift.tt/3opqStG
Lower the default threshold from Rs 1 crore for initiating action under IBC
![Lower the default threshold from Rs 1 crore for initiating action under IBC]()
Reviewed by TUNI ON LINE CENTER AMBIKAPUR
on
अक्टूबर 25, 2020
Rating:
