_20240801153820_original_image_35.webp)
One of the stages at which the process often gets stalled is at the resolution plan approval stage due to multiple objections to the resolution plan by various stakeholders.
Read More_20240801144146_original_image_38.webp)
The National e-Governance Services Limited (“NeSL”) is presently India’s sole registered IU. The IU and their database are being utilized only in a limited manner as below: A) By a circular dated 12 May, 2020, the Adjudicating Authority mandated compulsory inclusion of a Record of Default (“RoD”) issued by the IU for filings under Section 7 of the Code.
Read More_20240608121523_original_image_40.webp)
Delays In insolvency resolution is detrimental not only to the corporate in distress but to all of its stakeholders as well as potential bidders and their financiers writes Misha, Partner, Shardul Amarchand Mangaldas
Read More
