Madam Speaker, many workers are worried about how they will protect their hard-earned pensions if their employer goes bankrupt.
The Companies' Creditors Arrangement Act provides for a review after five years. The former government tabled its report in September 2014 and the committee was supposed to review the act before September 2015.
When will the Companies' Creditors Arrangement Act be examined and, more importantly, when will retirees be considered preferred creditors?