SC held that creditors may initiate insolvency proceedings against both principal debtor and corporate guarantor ...
As part of a bankruptcy settlement, JM Financial Products has been allotted more than 142,000 square feet of office space in Mumbai’s Mulund. (Image/FB) The Insolvency and Bankruptcy Board of India ...
The whistleblower also highlighted that how a legitimate settlement was deliberately derailed to keep Byju’s in insolvency. The whistleblower said that EY deliberately delayed BYJU's CIRP process ...
https://www.thehindubusinessline.com/money-and-banking/invitation-and-submission-of-insolvency-resolution-plans-will-be-via-an-electronic-platform-ibbis-measures-to ...
Supreme Court held that commercial wisdom of Committee of Creditors [CoC] is non-justiciable. Stalling CIRP on account of settlement proposal without approval by CoC is not ...
The central government may also encourage the use of alternative dispute resolution mechanisms such as mediation and arbitration to resolve disputes amicably and quickly, thereby reducing the burden ...
Corporate Insolvency Resolution Process (CIRP)-Initiation of Corporate Insolvency Resolution Process (CIRP) by Financial ...