Abstract Science Construction’s business is in planning, developing and building road projects. The major of its clients are municipalities, city governments, and other public sector entities. While the bankruptcy rates for these clients is very low, when economic downturns happen, their ability to pay in a timely fashion also suffers. This leads to businesses such as Science Construction needing to take on additional debt and to find creative methods in order to stay afloat during times of recession. Methods such as selling accounts receivables at discounted rates and taking larger lines of credit through banks and other lending institutions are some of the ways organizations can remain viable when their cash inflows have turned into a trickle. Science Construction is asking the Turkish Courts to postpone their bankruptcy proceedings for a year while they attempt to restructure. Through this, suggestions such as forcing shareholders to pay their debt to the organization, gaining credi...
In recent past , lots of complaints are pouring in from all over India against the Private Bank`s mode of recovery. This is observed that they are engaging goons to recover lapsed installments of any sort of loan . Not only that the fraud stars may with false documentations and obviously in collusion with the Bank`s staff or agent , may raise loan. Then the recovery team (read goons) may knock on your doors with their full blown muscle.
I shall let you know a recent complaints , that has been lodged with a police station in West Bengal.
wait for that, and till then bye/
I shall let you know a recent complaints , that has been lodged with a police station in West Bengal.
wait for that, and till then bye/
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