The status of Financial Creditors with unadmitted claims changes with new amendments

The Insolvency and Bankruptcy Code (Amendment) has yet again resolved a pertinent issue in respect to the threshold limit of the voting shares of financial creditors at a Committee of…

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The deadline for resolution plan cannot be violated: says the Supreme Court

In an attempt to ensure that the proceedings of the Insolvency and Bankruptcy Code function without a glitch, the Supreme Court took strict measures to prevent lengthy proceedings. The Supreme…

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