Revival of sick industrial units: ‘corporate restructuring act’ being drafted, says Tarin

by admin on October 22, 2009 · 0 comments

in Investing

Federal Minister for Finance Shaukat Tarin has said that the government was drafting Corporate Restructuring Act for revival of the sick industrial units and establishing a ‘Resolution Trust Corporation’ based on public-private partnership to settle down the financial disputes. Addressing the business community at Faisalabad Chamber of Commerce and Industry (FCCI), he said that debt market would be created through equity funds to be registered in stock exchanges for meeting the financial requir

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Revival of sick industrial units: ‘corporate restructuring act’ being drafted, says Tarin

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