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…
A Detailed Guide to the IBBI (Voluntary Liquidation) Regulations, 2017
Introduction The Insolvency and Bankruptcy Board of India (IBBI) (Voluntary Liquidation) Regulations, 2017, serve as a guiding framework for the…
RECEIVING DEMAND NOTICE UNDER SECTION 8 OF IBC WOULD AMOUNT TO UNPUBLISHED PRICE SENSITIVE INFORMATION
Brief Facts of the Case The Managing Director ("MD") and the Compliance Officer ("CO") were fined by the Securities Exchange…
4863 Crores is equal to 323 Crores?
Introduction There is a word out in the legal arena about a review committee to be formed for the review…
Insolvency and Bankruptcy Code, 2016
The Insolvency and Bankruptcy Code, 2016 provides creditors a procedural contrivance to initiate an insolvency resolution process when a debtor…