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Articles, guides, tips and updates to accelerate business growth in 2023 and beyond

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The Defect Liability Period (DLP) is a critical post-completion phase in public tenders, especially for MSMEs handling government contracts. It affects payment timelines, document requirements, and bid eligibility. Each portal—GeM, CPPP, state PWD—handles DLP differently, with strict upload and format rules. Managing DLP smartly can reduce rejections and improve bid success.

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  • All
  • Business Loans
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Business loan recovery process is initiated when lenders find that a business enterprise has defaulted on a loan for a significant period even after several notifications and alerts of missed payments. Lenders first commence a non-judicial process for loan repayment. If the loan is not repaid, then the lender will apply for insolvency resolution under Insolvency and Bankruptcy Code, 2016.

Nov 24, 2023

Considering acquiring a business in India? There are several key questions that may occur. These include, how do you choose the right business? What are the financing options? How do you choose the right business acquisition loans? What are the steps to get a business loan in India? What are the eligibility and interest rates offered by the major banks to obtain a business loan in India? Evaluating these factors is crucial to make an informed decision. Understanding the various...

Nov 24, 2023

Often trading business like an import-export business is confused with logistics. However, trading and logistics are separate functions. Read on to understand the difference between trading and logistics and the role of logistics in the trading business.

Last updated on: Mar 8, 2024
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