Tag: Corporate Insolvency Bill 2019
-
Passage of Corporate Insolvency Bill timely for businesses hit by COVID-19 – GARIA
The President of the Ghana Association of Restructuring and Insolvency Advisers, GARIA, Felix Addo, says the passage of the Corporate Insolvency Bill, 2019, could not have come at a better time than now. According to him, with the outbreak of the novel Coronavirus and its economic impact on businesses, the Bill when assented to, will…
-
Parliament passes Corporate Insolvency Bill
Parliament on Wednesday April 1, 2020, passed the Corporate Insolvency Bill, 2019, to provide a framework for the regulation of insolvency practitioners and facilitate access to timely, efficient and impartial liquidation proceedings either directly or through the creditor’s committees. The financial sector crisis triggered a conversation about the need to strengthen corporate governance structures; after…