Corporations must also disclose technical defaults, says Krishnamurthy V Subramanian, Govt Director-India, IMF
Corporations shouldn’t solely disclose cost defaults to the bourses but in addition technical defaults similar to these referring to breach of non-financial situations in mortgage agreements in order that buyers and lenders are protected, stated Krishnamurthy V Subramanian, Govt Director-India, IMF. International practise on disclosure of default by corporations truly goes past lacking cost obligations to … Read more