If Your Employer Goes Bankrupt, You Can Have Get His Assets Attached To Repay Loans – Indiatimes.com

Lenders, shareholders and employees can request for an employer’s immovable assets to be attached guarantee for loans by the promoters of a company to recover dues under the new bankruptcy law. SBI Takes Over Liquor Baron Vijay Mallya’s Goa Villa, Staff Booted Out And Replaced With Bouncers The Insolvency and Bankruptcy Code approved by Parliament…