When does a business become insolvent?
"> When does a business become insolvent?
"> When is a business insolvent?

When is a business insolvent?

When does a business become insolvent?
Posted 1 year ago  |    0  | 
Corporate Law
Corporate Law

1 Answer(s)

Rashi Gahlaut
Advocate

Insolvency is when a business is unable to pay their debts as and when they fall due. This can be attributed to low cash reserves or poor cash flow. It is best to seek advice from an insolvency specialist at the earliest possible opportunity.

Top Corporate Law Lawyers In India

Have an urgent need? Talk to a lawyer directly.

Need Free Legal Advice?

Find, consult & hire best advocates in India in a few clicks.

Need Legal Agreements?

Create affidavits, contracts etc. online, within minutes.