Role of court to protect interests of creditors and shareholders
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Answer:
To give them justice
Explanation:
because they give justice to creditors and shareholders
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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.
Learn more about interests of creditors and shareholders
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