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.

The IBC has introduced new and distinct concepts of ‘Financial Creditor’ and ‘Operational Creditor’ as opposed to the Companies Act, 2013 which merely introduced the term ‘creditor’, without any classification thereof.

A detailed article about the previous Insolvency and Bankruptcy law and changes that have been improvised post amendment bill in 2017.

The corporate tribunal is expected to hear the matter on Thursday, weeks after the 11th meeting of the “Committee of Creditors” of Educomp Solutions BSE 2.93 % was held on March 13.

To initiate recovery procedure one can approach the National Company Law Tribunal which exercises the power to dispose cases under Insolvency Code.

Here in this article we will discuss the options for recovery of Income-tax password.

In this article we have discussed about the procedures of filing a case before NCLT and the required documents.

A detailed article on NCLT and DRT and the difference between them and how can corporate bodies approach NCLT against their borrowers/debtors.

Based on the experience in other countries restructuring of corporate debt and need for a similar mechanism in India, a Corporate Debt Restructuring System was evolved, and detailed guidelines were issued.

ICRA today expressed its opinion that the revival of the Indian Telecom industry is likely to be prolonged and the pressure on the cash flows of the industry may continue for a few more quarters.

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

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.

An Article about the second step for presales i.e to find out the size of the business and how it is beneficial for framing a policy on Debt recovery management.

In this article we will elaborately discuss about the goodwill of the company and how it can benefit in framing debt recovery policies.