which type od ad sells service in plece meal basis
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Modular Agencies This type of agency sells its service on a piecemeal basis. The fee is charged according to the work done.
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The liquidation of a company and sale of stressed assets on a piecemeal manner may not be the best way as valuations could further dip and may be detrimental to the interest of various stakeholders as also lenders.
The Insolvency and Bankruptcy Code, seeking to facilitate resolution plans guided by the National Company Law Tribunals, ultimately paves way for liquidation of a company if there is no resolution plan during the 270-day resolution phase.
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