The pre-pack model of insolvency resolution for smaller firms has failed to gain traction due to concerns of impropriety by bankers. Only four companies have used the scheme since its introduction in April 2021.
Direct-to-consumer apparel brand French Crown, mobility-focused software-as-a-service platform Tummoc and men’s apparel maker Arjun Kilachand have secured early-stage funding, the companies said on Thursday.
French Crown
D2C ..
The Ministry of Law & Justice has constituted a sixteen-member expert committee headed by Dr. T.K. Vishwanathan, Former Secretary of the Department of Legal Affairs, for examining the working of.