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Posted on October 18, 2021 at 3:00am 0 Comments 0 Likes
What is Bankruptcy?
Bankruptcy is a procedure by the court when a magistrate and trustee examines the assets and obligations of people, partnerships, and corporations who do not consider their debts to be so overwhelming.
The Court rules that debts, i.e. those who owe, no longer have to be paid lawfully. The court might also reject the lawsuit if the individual or company thinks that it has the property to pay its debts.
In order to allow individuals to begin when their…
Posted on October 14, 2021 at 1:35am 0 Comments 0 Likes
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Posted on September 29, 2021 at 6:19am 0 Comments 0 Likes
The financial non-banking companies are companies registered under the Companies Act 2013, which are responsible for receiving deposits, advances, loans, and the procurement of stocks, shares and bonds, debenture, and securities provided to the government. The companies are registered under the Companies Act 2013. The NBFCs are registered and participated actively in…
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