The Supreme Court ruled that simultaneous insolvency proceedings can be initiated against both a principal debtor and its guarantor for the same debt under the Insolvency and Bankruptcy Code. This ...
The discussion paper suggests stronger recording of CoC deliberations, structured approval of CIRP costs, and clearer roles ...
The Supreme Court on Tuesday (February 24) has observed that merely because an arrangement of restructuring a debt-laden corporate debtor is in place, would not bar initiation of a CIRP under ...