https://www.taxtmi.com/news?id=14096 An electronic Trade Receivables Discounting System (TReDS) will be established to facilitate financing of MSME trade receivables by enabling discounting of invoices from corporate and other buyers through multiple financiers to improve MSME liquidity. Separately, a Comprehensive Bankruptcy Code will replace SICA and BIFR to provide legal certainty, speed, alignment with global standards, and enhanced judicial capacity for insolvency resolution. en-us Sat, 28 Feb 2015 14:11:16 +0530 Sat, 28 Feb 2015 14:11:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14096 An electronic Trade Receivables Discounting System (TReDS) will be established to facilitate financing of MSME trade receivables by enabling discounting of invoices from corporate and other buyers through multiple financiers to improve MSME liquidity. Separately, a Comprehensive Bankruptcy Code will replace SICA and BIFR to provide legal certainty, speed, alignment with global standards, and enhanced judicial capacity for insolvency resolution. News - Sat, 28 Feb 2015 14:11:16 +0530 https://www.taxtmi.com/news?id=14096