Live Help
Get News Alerts from Taxmann.com on your desktop.
No Thanks Allow
You have blocked the notification on recent updates. Click below to re-subscribe.
No Thanks
You have already subscribed to Taxmann’s notification.
No Thanks UnSubscribe
Your Session Will Expire in   seconds.
If you do not wish to log-out, choose 'Let me continue'
Reset Session Cancel Session
 

MCA hikes threshold limit for default value from Rs.1 lakh to Rs.1 crore under IBC

March 25, 2020
181 Views
Due to the emerging financial distress faced by most companies on account of the large scale economic distress caused by COVID 19,the threshold for default has been raised from Rs. 1 lakh to Rs. 1 cr to prevent triggering of insolvency proceeding against MSMEs.

taxmann.com
Payment
Best view in 1140 x 768