Business Studies, asked by Rayyan6992, 10 months ago

Role of court to protect interests of creditors and shareholders

Answers

Answered by TripurariRoy
1

Answer:

To give them justice

Explanation:

because they give justice to creditors and shareholders

Answered by mindfulmaisel
0

Role of court to protect interests of creditors and shareholders:

  • The court of law protects the interests of creditors and shareholders under the creditor protection law.  
  • The court of law uses the process of the legislation to help the creditors with the clearing of the debt amount through the insurance companies.
  • The shareholders are also protected by the court of law for maintaining a standard of living.  
  • There are various methods by which the shareholders can return the money to the creditors as provided by the court of law.

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