Insights
Resolution Plan: What Makes It Legally Valid and Commercially Viable
Articles, IBC & Insolvency A resolution plan is the final instrument through which a distressed company is rescued from insolvency and returned…
How the Committee of Creditors Works in an Insolvency Proceeding
Articles, IBC & Insolvency The Committee of Creditors (CoC) is the nerve centre of every Corporate Insolvency Resolution Process under the Insolvency…
What Section 29A Means for Resolution Applicants
Articles, IBC & Insolvency Section 29A of the Insolvency and Bankruptcy Code 2016 is one of the most far-reaching statutory disqualifications in…
Personal Guarantors and IBC: What Directors and Promoters Must Know
Articles, IBC & Insolvency When promoters and directors execute personal guarantees in favour of lenders as a condition of credit facilities to…
How to File a Section 9 Application as an Operational Creditor
Articles, IBC & Insolvency For suppliers, service providers, contractors, and employees who are owed money by a company that has stopped…
How to File a Section 7 Application as a Financial Creditor
Articles, IBC & Insolvency When a corporate borrower defaults on a financial debt, a financial creditor’s most powerful statutory remedy under…
Financial Creditor vs Operational Creditor: The Difference That Determines Everything
Articles, IBC & Insolvency The distinction between a financial creditor and an operational creditor is not a technical footnote in the…
What is the Corporate Insolvency Resolution Process (CIRP)?
Articles, IBC & Insolvency The Corporate Insolvency Resolution Process (CIRP) is the primary mechanism under the Insolvency and Bankruptcy Code 2016 for…