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Top 5 budget 2023 expectations of retail sector
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Article Post-Budget Article: Impact on the Automotive Sector
The forward-looking approach adopted in the budget towards this sector has been in alignment with the government’s goals of promoting Aatmanirbhar Bharat and moving firmly towards net-zero carbon emissions by 2070, shares Saket Mehra in this insightful article in Financial Express.
'This judgement is probably one of the final key missing pieces in the IBC framework. This significantly enhances the position of the lenders as it allows them the leeway to invoke the personal guarantee given by the promoters - thereby potentially paving the way for more settlements and that too in a shorter time frame,'
- Samir Paranjpe, Partner and Forensics Leader, Grant Thornton Bharat LLP
This article appeared in Business World on 22 May 2021. Also appeared in Outlook India and Yahoo Finance.
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