Approval or Rejection of Resolution Plan by NCLT under Insolvency and Bankruptcy Code, 2016

The enactment of Insolvency and Bankruptcy Code, 2016 (IBC) has seen a positive shift in the Indian Insolvency framework. We start giving importance to revival of an entity over liquidation of an entity to safeguarding the interest of all stakeholders involved in an insolvency process and not just the secured creditor class, IBC assures that […]