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Insolvency
The Supreme Court’s ruling in Kalyani Transco v. M/s Bhushan Power & Steel Ltd. & Ors. addresses whether procedural irregularities that occur during the Corporate Insolvency Resolution Process (“CIRP”) are...
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Over the years, ever since the Insolvency and Bankruptcy Code, 2016 (“IBC”) came into force, there has been ample litigation addressing different elements of the “waterfall” mechanism prescribed in section...
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The Insolvency and Bankruptcy Code, 2016 (“IBC”) is a significant reform for the Indian economy because it allows a creditor to initiate insolvency proceedings against a Corporate Debtor (“CD”) in...
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