Information Utility under IBC

Resolution in a time bound manner is one of the main objects of the Insolvency and Bankruptcy Code, 2016 which has now become realistic by designing a tool which endeavours to provide the undisputed information called as an Information utility. In accordance with the legal provisions of National e-Governance Services Ltd. (NeSL), the single station enumerating all … Read more

Conundrum of Liquidation Value Vs Resolution Value

Bridging the gap between the Resolution Plan value and the Liquidation Value: Not a mandate Introduction Liquidation value as defined under Regulation 35 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, is the estimated realizable value of the assets of the corporate debtor if the corporate debtor … Read more

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