Tag: #InsolvencyandBankruptcyCode

Job Opportunity at AAA Insolvency Professionals LLP, Delhi

About AAA Insolvency Professionals LLP AAA Insolvency Professionals LLP is the second and the largest Insolvency Professional Entity (IPE) to be registered with Insolvency and Bankruptcy Board of India (IBBI)....

Emerging Economic Frauds in the Banking Sector

Introduction Money is a major factor in people’s lives in the modern world. With the transition from cash to banknotes to credit-rated playing cards, there is a clear rise in...

Power of NCLT to Review a Resolution Plan

The resolution plan is created for the firm based on the advice and recommendations of the committee of creditors members to maximize the effectiveness of the corporate insolvency resolution process....

DISTRIBUTION OF ASSETS UNDER IBC: THE WATERFALL MECHANISM

INTRODUCTION: Insolvency and Bankruptcy Code, 2016 came into existence to govern the easy exit of businesses, it has been witnessed from time to time that India has been lacking the...

Regulation of IBC Laws in India

INTRODUCTION One of the main changes in India’s overall set of laws is the Insolvency and Bankruptcy Code. This is on the grounds that the IBC does not just make...