Resolution in name, recovery in fact: The operational creditor and Section 9
The article examines the challenges faced by operational creditors under Section 9 of the Insolvency and Bankruptcy Code, 2016, where insolvency proceedings may…
Corporate Insolvency Resolution Process: Legal News & Updates
Articles, case updates and legal news tagged "Corporate Insolvency Resolution Process".
3 items found
NCLAT stays insolvency proceedings against Polycab India over ₹2.78 crore debt
The National Company Law Appellate Tribunal (NCLAT) has stayed insolvency proceedings against Polycab India Limited over an alleged operational debt of ₹2.78 cr…
Can a resolution plan under IBC survive the death of its maker? NCLAT answers
The NCLAT has ruled that the death of a successful resolution applicant does not automatically invalidate a resolution plan approved under the IBC. The tribunal…