The cabinet committee on investment and growth has asked ministries to consider modifications in the resolution mechanism for small companies and the real estate sector under the Insolvency and Bankruptcy Code (IBC), apart from revisiting the norms for NPAs for micro, small and medium enterprises (MSMEs) as part of discussions to help distressed segments of the economy and accelerate growth.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2NjcbHy
