ArchiveMay 2019

The Frustrated Resolution Applicant

[Aayush Mitruka is a lawyer based in Delhi and can be reached at [email protected]] The Insolvency and Bankruptcy Code, 2016 has replaced the erstwhile debtor friendly model where the defaulting debtors could secure moratoriums, retain control and yet write off loans with the ‘debtor-in-possession’ model. The new creditor driven process has instilled fear amongst delinquent borrowers...

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