Corporate restructuring and insolvency
KURTHALANATHAN, M
Corporate restructuring and insolvency - 2013 - 41-45
Corporate restructuring is the superlative tool available for the companies to restructre their organization in an efficient manner. The process of restructuring should be in such a way that it should not affect the shareholders and brand image ofthe company. As per the law the liquidation process remains an internalpart of corporate insolvency, but there should be a step towards enacting a comprehensive framework on rescue mechanisms to help rehabilitate sick companies that have the potential to be revived and to make profit.
RESTRUCTURING
658.16
Corporate restructuring and insolvency - 2013 - 41-45
Corporate restructuring is the superlative tool available for the companies to restructre their organization in an efficient manner. The process of restructuring should be in such a way that it should not affect the shareholders and brand image ofthe company. As per the law the liquidation process remains an internalpart of corporate insolvency, but there should be a step towards enacting a comprehensive framework on rescue mechanisms to help rehabilitate sick companies that have the potential to be revived and to make profit.
RESTRUCTURING
658.16