The Ghana Association of Restructuring and Insolvency Advisors (GARIA) has called for the speedy passage of the Corporate Insolvency Bill which is currently before Cabinet into law, to prevent companies from premature liquidation.
The Association is of the belief that an effective law on corporate insolvency would enable companies to fall on options to recuperate rather than closing the company, as is the common prescription under the countrys current laws.
Mr. Jacob Saah, the Executive Secretary of GARIA made the call during a panel discussion held in Accra on the Ghana Journalists Associations programme dubbed: Business Advocate on Ghana Television.
The programme is supported by the BUSAC Fund, DANIDA, the United States Agency fo…
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