Dissident Financial Creditors and Equal Principle under IBC If the creditors eventually get the liquidated interest that is almost Zero… Read More
IBBI amends CIRP Regulation by relaxation timeline due to COVID-19 outbreak The press note on the lockout notification reads as follows: In order to solve this dilemma, the IBBI amended the CIRP Regulations to ensure that the lockout period enforced by the Central Government following the outbreak of COVID-19 is not to be counted for the purposes of the time-line for any operation that could not be completed as a consequence of the lock-down. IBBI amends the CIRP Regulations to include relaxation due to the COVID-19 outbreak… Read More
Why Pre-pack Insolvency Resolution Process is excellent for MSME borrowers. This Pre-packaged insolvency process, informal, hybrid, and debtor-driven pre-insolvency process,… Read More