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The bankruptcy process also needs more means. As the number of situations keeps mounting, so does the backlog (see chart). Not like India’s older courts, typically ensconced in palatial properties, the nation’s busiest bankruptcy forum in Mumbai occupies an higher flooring of a dilapidated old setting up owned by MTNL, an ailing point out-owned

Even if your cash flow is higher compared to median, you may well be eligible soon after subtracting certain allowable expenditures. But In case the calculation reveals you would have sufficient disposable cash flow remaining over to begin repaying your debts—as an alternative to having the slate just cleaned—the court could make a decision tha

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