Significant Differences Between Operational versus Financial Creditors Under the IBC
The Insolvency and Bankruptcy Code, 2016 (IBC), has revolutionized the approach to resolving insolvency in India. Among the fundamental aspects of the IBC are the distinctions between financial and operational…
IBBI suggests mediation for operational creditors to expedite the insolvency procedure
According to the most recent research, the goal of this endeavor is to boost the insolvency process’s efficiency and reduce the Adjudicating Authority’s burden. The proposal by The Insolvency and…
Corporate Insolvency Resolution Process (CIRP)
Corporate insolvency resolution processes (CIRPs) are critical to maintaining the stability and integrity of a country’s financial and economic system. In India, the Insolvency and Bankruptcy Code (IBC) of 2016…