https://www.taxtmi.com/article/detailed?id=15617 Restructuring focuses on diagnosing root causes of distress and implementing operational, financial, and strategic measures to restore viability. Key interventions include workforce and facility rationalisation, process reengineering, automation, portfolio divestiture, renegotiation of debt terms, debt to equity conversions, monetisation of non core assets, and tighter working capital management to stabilise liquidity. Governance actions-appointing turnaround managers, strengthening performance monitoring, and ensuring compliance with insolvency, creditor, labour, tax, and regulatory rules-are essential to execute and sustain the turnaround using KPIs and periodic reviews. en-us Wed, 17 Dec 2025 08:29:01 +0530 Wed, 17 Dec 2025 08:29:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15617 Restructuring focuses on diagnosing root causes of distress and implementing operational, financial, and strategic measures to restore viability. Key interventions include workforce and facility rationalisation, process reengineering, automation, portfolio divestiture, renegotiation of debt terms, debt to equity conversions, monetisation of non core assets, and tighter working capital management to stabilise liquidity. Governance actions-appointing turnaround managers, strengthening performance monitoring, and ensuring compliance with insolvency, creditor, labour, tax, and regulatory rules-are essential to execute and sustain the turnaround using KPIs and periodic reviews. Articles Corporate Laws / IBC / SEBI Wed, 17 Dec 2025 08:29:01 +0530 https://www.taxtmi.com/article/detailed?id=15617