The government’s most transformative reform, the Insolvency and Bankruptcy Code (IBC), which was intended to enforce a time-bound insolvency process, is grappling with inordinate delays. […]
Tag: resolution plan
Resolution plan approval won’t release personal guarantors from liability: IBBI discussion paper
The insolvency regulator, IBBI, proposes to make it unequivocally clear that the submission or approval of a resolution plan for a corporate debtor under the […]