Critical analysis of Section 29A of IBC 2016
Critical analysis of section 29a of ibc 2016 INTRODUCTION Section 29A under the Insolvency and Bankruptcy Code, 2016, plays a key role in determining the eligibility of Resolution Applicant for providing resolution plan in the Corporate Insolvency Resolution Process. Earlier, there were no provisions, restricting the defaulting promoters from participating in to CIRP of the corporate …