Simplify individual insolvency resolution: IBBI must focus on building capacities of insolvency professionals – Financial Express

The legislature might come up with a new structure by adding more DRT benches and revisiting provisions relating to individual insolvency. Although liquidation and bankruptcy seem to be similar words, bankruptcy of a company is not the same thing as winding up. Indian laws do not define bankruptcy. The Companies Act, 1956, contained provisions for…

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8 in 10 Employees Live Paycheck to Paycheck — How You Can Help Them Break the Cycle – Entrepreneur

Financial struggles for employees also create problems for employers. Counting down to payday is a stressful, but all too common practice. Unfortunately, an August 2017 CareerBuilder survey found that the vast majority (78 percent) of the 3,462 full-time U.S. workers polled said they live paycheck to paycheck. Related: Help With Student Loans Is the ‘Hot’ New…

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