The article tries to discuss the vexatious issue of treatment of claims which are barred under the Indian Limitation Act, 1963 and received by Insolvency Professional (IP) within the timelines prescribed for submitting claims under Insolvency and Bankruptcy Code, 2016 (I&B Code) and the Regulations framed thereunder. While there is no controversy about the procedural […]
Insolvency Professionals are the lifeline in the chaotic corporate insolvency situations especially in real estate. As per the recent statistics from September 2024 by Insolvency and Bankruptcy Board of India (“IBBI”), 8002 cases are admitted for CIRP under the Insolvency and Bankruptcy Code, 2016 (“Code”), out of which 1746 cases which is about 22% are […]
Corporate restructuring is a complex process that requires proper planning and continuous execution. In today’s ever-changing business world, businesses must be swift in restructuring to preserve their value. Effective corporate restructuring requires an in-depth understanding of the company’s strengths and weaknesses, as this is critical for sustainable growth. It is a difficult task to maintain […]
Terms like bankruptcy and corporate insolvency refer to distinct situations involving the financial stability and status of individuals and body corporates. A company or a Limited Liability Partnership (LLP) is said to be insolvent if it is unable to pay its debts once they become due and the company defaults on its repayment. On the other […]
Corporate restructuring can be an effective strategy used by a business to improve its capital structure or operations in a significant manner. This strategy is implemented in situations where a corporate entity is in a turbulent situation and comes out of financial jeopardy. Many companies undergo corporate restructuring to improve their capital structure or operations. […]
The term ‘bankrupt’ is derived from Italian expression ‘banca rotta’, which means ‘broken bench’. Insolvency and bankruptcy are closely related terms often used interchangeably in discussions about debt. Insolvency is a condition that applies to both individuals and organizations. If not resolved, insolvency may evolve into bankruptcy for individuals and liquidation for corporations. Let us […]
<h1id=”overview”>An OverviewTo seek international exposure India seeks to attract foreign companies to set up manufacturing facilities in India. However, only foreign investment alone is not enough. When any company gets insolvent, India has to take all the necessary steps to protect the shareholder’s investments. Insolvency refers to a state where an organization or an individual […]
If you are a stakeholder of a Company contemplating liquidation, it is important to understand the company liquidation process in India under IBC. <h1id=”What-Is-Company-Liquidation?”>What Is Company Liquidation? Company Liquidation is a process rather than a term. Liquidation is the procedure under which a company is wound up. Company Liquidation under IBC may be 1. Voluntary (where the […]
The Supreme Court dismisses the review petition in the case of Rainbow Papers Limited thereby legal position held by the SC that tax authorities, in their pursuit of recovering tax dues, will be entitled to the same rights as secured creditors within the framework of the Insolvency and Bankruptcy Code, 2016 (IBC) waterfall mechanism. Background […]
(+91) 77380 66622
info@incorpadvisory.in
B – 1602, ONE BKC, Bandra Kurla Complex,
Mumbai 400051
"*" indicates required fields
COPYRIGHT © 2025 | INCORP ADVISORY SERVICES PRIVATE LIMITED
"*" indicates required fields
