Beware all SMEs– Very shortly —provisions of Insolvency and Bankruptcy Code, 2016 (IBC] will be applicable to SMEs also –. To avoid the severe effects of the provisions of the Act, we have to be ever vigilant and be proactive in warding off this danger. We can easily do this provided we are own masters. Basic necessity is to understand our balance sheet and profitability and the equally important need to prepare cash flow statement from time to time—-Not the least important being able to know how we are assessed by banks. This website helps you with this and a lot more. Word of caution –though—do not blindly rely on any information given in the website without referring it back to your consultant/s. Of course I would be too happy to respond to any query—via email— on any of the topics listed in the website.