The new insolvency and bankruptcy code (IBC) has completed a successful 5-year journey. The code has been often criticised for low recovery rate. But it is a new law and as the law stabilises, there ...
The Supreme Court recently held that holders of cumulative redeemable preference shares (CRPS) are not financial creditors ...
IBC’s success will be fully realised only when the interests of operational creditors are substantively integrated into the ...
The Insolvency and Bankruptcy Code, 2016 (“IBC”) is one of the most impactful economic legislations in India, enacted to ...
The Allahabad High Court has held that the Insolvency and Bankruptcy Code, 2016 overrides the provisions of Electricity Act, ...
Insolvency and Bankruptcy code (IBC) first came into the economic picture of India back in 2016. It was introduced for two mains reasons: to consolidate and de-fragment the insolvency and bankruptcy ...
A narrative is gaining ground that the Insolvency and Bankruptcy Code 2016 (IBC/Code) is failing in its objective(s). It is not resolving the insolvency/ stress of companies, and is rather liquidating ...
'By not only decriminalising routine business failures, but by ensuring that institutional lending and corporate rescue frameworks are strengthened via the IBC, the prime minister has ensured there is ...
'By not only decriminalising routine business failures, but by ensuring that institutional lending and corporate rescue frameworks are strengthened via the IBC, the prime minister has ensured there is ...