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The Insolvency resolution proceedings are now going to take less time with a longer timeline. Confused? We were too. But with the new IBC amendments, the goal is to clarify the rights of the ....
On 17th April 2019, Jet Airways stopped all its operations. Reason: Not enough money to even fuel. Once Jet Airways used to rule the skies, but at the time when it ceased its operations, pilots w ....
A Fast track Insolvency resolution process is desirable in cases where there have been many delays in debt repayment. Reliance Communication (RCom) is currently undergoing this procedure. ....
Insolvency and bankruptcy code is one of the most controversial collections of laws in India as of this moment. The code is in no way perfect and with each year, more amendments are coming to make it ....
What are NCLT and NCLAT? During the introduction of the Insolvency and Bankruptcy Code, one adjudicating Authority that got the most highlight was the ....
Insolvency is a state of being insolvent. This blog discusses several acts of Insolvency in India that can act as fuel to Insolvency resolution proceedings.
The insolvency and Bankrup ....
In the recent development of the insolvency proceedings, RCom has opted to retract the petition is forwarded to the NCLAT to contest against the NCLT’s decision for insolvency resolution.
In th ....
During the insolvency resolution process, the matter of a decision of the insolvency proceedings is left up to the Committee of Creditors or the CoC. If you have gone through our other blogs, then you ....
When a liquidator is conducting a liquidation process, he requires a plethora of transactional information associated with the corporate debtor (the one who is facing liquidation). To that end, he has ....
When the company got bankrupt and there was a debt to be paid to the creditors and shareholders, then liquidators came into the picture. A liquidator is a person who is appointed at the time o ....
