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a Chairperson, Department of Commerce &Finance, GC University, Lahore, Pakistan Email: nosheen.rasool@gcu.edu.pk b Faculty Member, Department of Commerce & Finance, GC University Lahore, Pakistan Email:sohailgculahore@gmail.com c Assistant Professor, Hailey College of Commerce University of the Punjab, Lahore, Pakistan Email: usman@hcc.edu.pk d Assistant Professor, Management Studies Department, GC University, Lahore, Pakistan Email: mhdm.hussain@gcu.edu.pk

Financial Distress and Forewarning Bankruptcy: An Empirical Analysis of Textile Sector in Pakistan