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The Insolvency and Bankruptcy Code, 2016 introduces a transformative approach to resolving financial distress among corporate entities, partnership firms, and individuals. It unifies existing insolvency laws and emphasizes a creditor-in-possession model, ensuring a timely resolution process. The Code establishes a framework for quickly addressing financial challenges, with a clear pathway to liquidation or bankruptcy if resolution efforts fail. This shift enhances the efficiency and effectiveness of insolvency proceedings in India.
Nákup knihy
INSOLVENCY AND BANKRUPTCY CODE, 2016, Mukesh Kumar
- Jazyk
- Rok vydania
- 2023
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- Titul
- INSOLVENCY AND BANKRUPTCY CODE, 2016
- Jazyk
- anglicky
- Autori
- Mukesh Kumar
- Vydavateľ
- Notion Press
- Vydavateľ
- 2023
- Väzba
- mäkká
- Počet strán
- 238
- ISBN13
- 9798889591153
- Kategórie
- Právnická literatúra
- Anotácia
- The Insolvency and Bankruptcy Code, 2016 introduces a transformative approach to resolving financial distress among corporate entities, partnership firms, and individuals. It unifies existing insolvency laws and emphasizes a creditor-in-possession model, ensuring a timely resolution process. The Code establishes a framework for quickly addressing financial challenges, with a clear pathway to liquidation or bankruptcy if resolution efforts fail. This shift enhances the efficiency and effectiveness of insolvency proceedings in India.