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Tag Archive for "creditors-under-ibc" -

CentrikBlogsCreditors under IBC

Tag: Creditors under IBC

IBC vs SARFAESI Act

Posted by AdminPosted on March 27, 2021March 27, 20210 CommentsCategories Corporate Litigation-All In Way, Debt Recovery Management, Insolvency & Bankruptcy Code 2016Tags corporate debtor liquidation, Creditors under IBC, difference between IBC and sarfaesi, How does IBC works, IBC against corporate guarantor, IBC and limitation act, IBC and SARFAESI, IBC vs SARFAESI, NCLT, RERA and IBC, Resolution Plan under IBC, resolution process under IBC

The IBC is favoured over the SARFAESI Act, primarily because it offers a quick solution and is also effective in reviving the company and safeguarding the interests of all stakeholders.

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Revised 1 crore threshold under IBC not to apply retrospectively

Posted by Amar VivekPosted on June 16, 2020June 16, 20200 CommentsCategories Insolvency & Bankruptcy Code 2016Tags Application of Revised threshold under IBC, Chennai Bench of NCLT, Creditors under IBC, IBC Experts in Delhi, IBC for Operational Creditors, impact of revision of threshold of default under IBC, Insolvency Bankruptcy Code 2016, NCLT rules under the IBC, Relief for Creditors, Threshold under IBC, Top IBC Lawyers in Delhi India

The interpretation adopted by the NCLT Chennai Bench over the prospective application of a new threshold of Rs 1 Crore brings a sigh of relief for all the creditors.

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Promoters and Shareholders Promoters are not Creditors under IBC

Posted by Advocate Kunal AhujaPosted on January 10, 2019February 19, 20192 Comments on Promoters and Shareholders Promoters are not Creditors under IBCCategories Debt Recovery Management, Tax AdvisoryTags corporate insolvency resolution process, Creditors under IBC, Financial Creditors, Insolvency Professionals, operational creditors, Provisions of IBC, shareholders and promoters are creditors or not, Top IBC Professionals in Delhi

The shareholders and promoters are not the creditors and thereby the resolution plan cannot balance the maximization of the value of assets of the corporate debtor

2 Comments on Promoters and Shareholders Promoters are not Creditors under IBC
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