Promoters abusing IBC, contends stakeholders of TechPro and Educomp
The IBC in section 29A bars promoters to take part in bidding process thus making them ineligible for representation in the committee of creditors.
Search Results for: assets of the Corporate Debtor
IBC hits the realty sector- will it alter changes in this sector too?
The IBC ordinance is the latest entry into the ring. What does it hold for homebuyers like you and me? A lot.
Homebuyers get a relief under the Insolvency and Bankruptcy Code, 2016
Homebuyer is a person who buys or expects to buy a house. And A promoter is an individual or organization that helps raise money for some type of investment activity.
What are the Duties of Liquidator
The duties of liquidator have been elaborately mentioned in this article to make aware about his position as an Officer.
Powers and Fees of liquidation professional as liquidator
Their powers are extensive and under their purview the liquidation process of a corporate person is carried out.
Who and what is Interim Resolution Professional?
In this article we will elaborately discuss about an Interim resolution professional, his duties, eligibility and other aspects.
Company is under Liquidation- Compulsory or Voluntary
article we will discuss about Compulsory and Voluntary Liquidation and how it is helpful for the Corporate Creditor against their debtor/s.
Difference between Financial Creditor and Operational Creditor
The Insolvency and Bankruptcy Code (Amendment) bill 2017, describes the Financial Creditor and the Operational Creditor and the ambit of its applicability on creditor-debtor relationship.
Government plans to have more NCLT benches
The government plans to have more benches of the National Company Law Tribunal on the basis of case load and rising number of insolvency cases coming up before the NCLT.
Difference between NCLT and DRT
A detailed article on NCLT and DRT and the difference between them and how can corporate bodies approach NCLT against their borrowers/debtors.
Ericsson vs. Aircel- The former moves to Delhi High Court to recover dues
Swedish telecom equipment manufacturer Ericsson has moved to Delhi High Court against Aircel and its units to get their debts back worth Rs.251.40 crore
Sound Financial Status of a Company for framing Debt Recovery Policies- Presales Research
Here we will briefly discuss about the sound financial status of a Company and how it can have a positive impact on framing Debt Recovery policies.
Robust Insolvency Bankruptcy Laws to deal with bad Loans
The latest amendment bill of Insolvency & Bankruptcy, 2017 has been passed by the Lok Sabha to deal with recovery and reorganization in a speedy, reliable process.
Legal Remedies for Recovery of Loan
In this article we will briefly cover the legal remedies one can resort to against their debtors in case there is default in paying the loan amount.
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