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Saturday, May 18, 2024

Distressed Assets Fund- - Subordinate Debt for Stressed MSMEs

Credit Guarantee Scheme for Subordinate Debt (CGSSD) extended upto 30.09.2021

Government of India announced creation of ‘Distressed Assets Fund- - Subordinate Debt for Stressed MSMEs’ on 13th May, 2020, under the AatmaNirbhar Bharat Package. Accordingly, a scheme viz. ‘Credit Guarantee Scheme for Subordinate Debt’ was approved by the Government on 1st June,...
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NCLT Ruling on MSMED Act and IBC Intersection

The Mumbai Bench of the National Company Law Tribunal (NCLT) has delivered a crucial ruling regarding the applicability of...
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