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Apartment buyers as financial creditors: pushing the conceptual limits of the Indian insolvency regime
(Columbia Journal of Asian Law, 2020-06-01)
A unique feature of the Indian insolvency regime is its classification of debt into “operational” and “financial” debt. In Swiss Ribbons v. Union of India, the Supreme Court of India tenaciously upheld the difference between ...
Section 29A of India’s Insolvency and Bankruptcy Code: an instance of hard cases making bad law?
(Taylor and Francis, 2022-07-28)
The Insolvency and Bankruptcy Code (IBC) of India which offers a mode of reorganisation for distressed corporations prevents promoters and directors with non-performing assets from submitting plans to rescue their company. ...