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Pre-packaged insolvency fails to take off as bankers wary of voluntary haircuts

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.

India opens door to arbitration reform in bid to improve dispute resolution ecosystem

French Crown, two others raise early-stage funding

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 ..

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