Allocation of Profits to Financial Creditors During CIRP in the Absence of RFRP and Resolution Plan Provisions
Abstract In a recent case between Kalyan Janata Sahakari Bank Ltd. and Cicil Biochem Private Limited, the Mumbai Bench of…
Building a Better Boardroom: The Role of IBC in Advancing Corporate Governance in India
Abstract: Corporate governance is a critical aspect of maintaining transparency, accountability, and efficiency within corporations. In India, the Insolvency and…
Moratorium under the Insolvency and Bankruptcy Code 2016 and its effect on parallel proceedings
Introduction The Insolvency and Bankruptcy Code, 2016 ("IBC") does not define the term "moratorium." It designates a time frame in…
Methods of Debt Recovery in India: Exploring the Provisions under the Civil Procedure Code (CPC)
Introduction: Debt recovery in India is governed by the provisions of the Civil Procedure Code (CPC), which provides a legal…
Suspension of Insolvency Proceedings extended by 3 months
The Ministry of Corporate Affairs by a notification dated September 24,2020 has extended the suspension for Insolvency proceedings having default…