The Corporate Insolvency Bill, which is expected to provide a framework for restructuring viable but temporarily distressed businesses and the New Companies Bill, which includes a clause on beneficial ownership, are expected to be laid before Parliament soon, the Ghana Association of Restructuring and Insolvency Advisors (GARIA) has indicated.
Currently, the two bills are before Cabinet awaiting approval and will soon be laid before Parliament after Caninets approval.
The President of GARIA, Mr Felix Addo, speaking in an interview with the GRAPHIC BUSINESS on the sidelines of a forum held by the American Chamber of Commerce (AMCHAM) and GARIA said the Attorney General (AG) was working assiduously to get the two bills approve…
Read the full article at: https://www.graphic.com.gh/business/business-news/insolvency-companies-bills-to-be-laid-before-parliament.html
