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Tamil Nadu MSMEs appeal to govt for support to overcome Covid led crisis

Read more about Tamil Nadu MSMEs appeal to govt for support to overcome Covid led crisis on Business Standard. The association of Micro, Small and Medium Enterprises (MSME) units across Tamil Nadu have written to the state and central governments for assistance and support to overcome the crisis

Dobrindt: Hotels und Gaststätten für Geimpfte und Getestete öffnen

Dobrindt: Hotels und Gaststätten für Geimpfte und Getestete öffnen
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.

Maskenaffäre und Maskenchaos: Abgeordnete zu Recht über Spahn verärgert

Maskenaffäre und Maskenchaos: Abgeordnete zu Recht über Spahn verärgert
rnd.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rnd.de Daily Mail and Mail on Sunday newspapers.

Govt brings ordinance to introduce pre-packaged debt resolution for MSMEs

The government has amended the insolvency law to provide for a pre-packaged resolution process for micro, small and medium enterprises. An ordinance was promulgated to amend the Insolvency and Bankruptcy Code (IBC) on April 4, according to a notification. The latest move comes less than two weeks after the suspension of certain IBC provisions ended. The suspension wherein fresh insolvency proceedings were not allowed for a year starting from March 25, 2020 was implemented amid the coronavirus pandemic disrupting economic activities. According to the ordinance, it is considered necessary to urgently address the specific requirements of Micro, Small and Medium Enterprises (MSMEs) relating to the resolution of their insolvency, due to the unique nature of their businesses and simpler corporate structures.

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