Having a sound insolvency legal framework is essential in securing a business-friendly environment which fosters the interests of entrepreneurs and start-ups. Insolvency and bankruptcy regulation...
Having a sound insolvency legal framework is essential in securing a business-friendly environment which fosters the interests of entrepreneurs and start-ups.
Bankruptcy is never a good thing when it comes to business. It is a time of hardship and can test the patience and steadfastness of many businesspeople.
The new law on bankruptcy in Bahrain intends to updates rules that regulate insolvency proceedings and that strengthen the country's business community.