REVAMPING COMMERCIAL WISDOM CAN BE AN ACE FOR FINANCIAL CREDITORS
August 13, 2021
The Preamble of Insolvency and Bankruptcy Code 2016 (Code) contemplates to consolidate and govern insolvency laws in a time-bound manner with a view to maximise the value of assets and balance the interest of all stakeholders. Section 30(4) of the Code empowers the Committee of Creditors (CoC) consisting of financial...
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