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Company be bankrupt or dead

Created by : Surendra Sinha, Senior Consultant, Tata Administration Services (TAS)  | 03 25 2009 00:54:28 +0000
Industry : Management & Strategy ConsultingFunctional Area : India(Markets)
Keywords : company dead bankrupt
Activity:  109 views;  last activity : 07 06 2010 20:18:09 +0000

We have seen many companies going banrupt and many dead in the present scenario.

Which is better a company to go bankrupt or to be dead?

  
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Bankrupt Vs Dead
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It is better for companies to go bankrupt atleast they would have a chance to stand again and fight, they may also pay their debts.
By Surendra Sinha, Senior Consultant, Tata Administration Services (TAS)  | 03 25 2009 00:54:28 +0000
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Inspite of being in banruptcy or no loans to payback it is good if you are dead. People will realise that their investment will be repaid if not with interest atleast they will get the basic.
By amit chaudhry, Senior Consultant, IML  | 03 25 2009 00:56:21 +0000
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