INSOLVENCY AND BANKRUPTCY CODE, 2016: A PARADIGM SHIFT
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INSOLVENCY AND BANKRUPTCY CODE, 2016: A PARADIGM SHIFT
$11.54
Sale price
$11.54
Regular price
$11.54
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Description
Insolvency and Bankruptcy Code, 2016 is not incremental reform but a paradigm shift towards resolution of financially stressed Corporate Persons, Partnership Firms, and Individuals. The Paradigm shift is reflected in unification of laws of insolvency, adoption of predominantly creditor-in-possession model and time bound resolution process. The Code provides for mechanism for prompt resolution of stressed entites failing which such entites have to go through liquidation or bankruptcy, as the case may be.Although the Code has been a seminal intervention in insolvency regime, there seems to be elements of inherent inequity in the scheme of the Code as Financial Creditors have been given superior rights and privileges in comparison to Operational and Other Creditors.This book critically analyses various aspects of the Code and is a must resource for lawyers, company secretaries, chartered accountants, insolvency professional, students and others who have interest in this emerging area.
Product Notice
This book is sold in used condition unless explicitly stated as new.
Condition is graded and described accurately. Some books may contain
previous owner's markings, highlights, or inscriptions. This product
may contain chemicals known to the State of California to cause cancer
or reproductive harm. For more information visit
www.P65Warnings.ca.gov
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