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Hey there, I'm Dushyant Sharma. With the extensive knowledge I've gained in past 8 years, I have been creating content on various subjects such as banking, insurance, telecom, and all the important registration and licensing processes for various companies. I'm here to help everyone with my expertise in these areas through my articles.
According to the IBC code 2016, the entire matter of insolvency is to be handled by insolvency professional. An insolvency professional is a chartered accountant, who has been established in his ....
The insolvency and Bankruptcy Code 2016 has laid down a more streamlined path in order to make sure that the resolution regarding insolvency can be handled properly. However, there are much verificati ....
Proof of claim by financial creditors is a specialized form that the financial creditors have to submit to lay claim on the debt that the corporate debtor owes them, after the assets of corporate ....
The Insolvency and Bankruptcy law 2016, in essence, is focused towards ensuring that national and global investors and creditors have a way to retrieve the debts lent to the debtors that have now beco ....
NCLT or the National Company Law tribunal acts as the adjudicating authority when there is insolvency resolution process to be handled. This adjudicating body is specific to the debtors wher ....
The Section 9 petition meant for insolvency resolution can be submitted by both the creditors and the debtors. However, once the application is submitted, there is an entire matter associate ....
Once an application for insolvency resolution has been submitted under section 9, IBC states that immediately after the appointment of an insolvency resolution professional, a public announcement has ....
Preface: This post was originally published in 2019 and has been updated on August 26, 2025, to provide you with the most current and accurate information.
The Insolvency and Bankruptcy Code of Ind ....
Insolvency resolution is hired on an interim (temporary) basis in order to resolve the insolvency of the corporate debtor. To that end, there are several powers that an interim resolution professional ....
Insolvency resolution process rarely has to the chance to go as it should be. Till now, the results of insolvency resolution have always ended up in liquidation of the company.
The process associated ....
