Advocate Sudershani Ray has completed her B.A.LLB.(Hons) from Jamia Millia Islamia and has been prac... Read More
When Is A Business become Insolvent
When does a business become insolvent?
- Sector-1, Noida
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.
Answered on 28 Sep 2018
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