https://www.taxtmi.com/acts?id=39793 Introduction of a pre-packaged insolvency process for corporate persons classified as micro, small and medium enterprises to provide an expedited, cost-effective alternative to the ordinary corporate insolvency resolution process, aimed at quicker, value maximising outcomes that preserve business continuity and employment; the Ordinance is promulgated under the President's emergency powers and takes immediate effect against the backdrop of prior pandemic measures including an increased minimum default threshold and a temporary suspension on filings. en-us Mon, 05 Apr 2021 11:36:13 +0530 Mon, 05 Apr 2021 11:36:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39793 Introduction of a pre-packaged insolvency process for corporate persons classified as micro, small and medium enterprises to provide an expedited, cost-effective alternative to the ordinary corporate insolvency resolution process, aimed at quicker, value maximising outcomes that preserve business continuity and employment; the Ordinance is promulgated under the President's emergency powers and takes immediate effect against the backdrop of prior pandemic measures including an increased minimum default threshold and a temporary suspension on filings. Act-Rules F. Acts / Amendment Acts Mon, 05 Apr 2021 11:36:13 +0530 https://www.taxtmi.com/acts?id=39793