The number of cases waiting to be admitted by NCLT is more than three times the number of cases currently undergoing resolution before the tribunal’s various benches
The Supreme Court has referred to larger bench the issue whether a dissenting financial creditor is to be paid the minimum value of its security interest as per the Insolvency and the Bankruptcy Code.
The Supreme Court on Wednesday referred to a larger bench the question of whether a dissenting financial creditor during a corporate insolvency resolution process is to be paid the minimum value of its security interest
In recent years, the Insolvency and Bankruptcy Code, 2016 (IBC) has emerged as a vital instrument in advancing corporate governance practices in the country.