Image for Rescue and Restructuring Guidelines

Rescue and Restructuring Guidelines

The Rescue and Restructuring Guidelines provide a framework for companies facing financial difficulties to recover and reorganize. These guidelines help businesses navigate challenges such as insolvency, enabling them to maintain operations, protect jobs, and restructure debts. By allowing time to develop a viable plan, the guidelines aim to preserve the value of the business and ensure stakeholders, like creditors and employees, are treated fairly. Essentially, they offer a structured approach to help struggling companies get back on their feet while limiting broader economic impacts.