IBC

Corporate Insolvency Resolution Process follows creditor-in-possession model. With the initiation of Corporate Insolvency Resolution Process the managerial power of erstwhile

Every creditor of a Corporate Debtor has not been given right to initiate Corporate Insolvency Resolution Process (CIRP). Only Financial

A Related Party to a Corporate Debtor has been burdened with various disabilities in course of Corporate Insolvency Resolution Process

Classification of creditors in Operational Creditors and Financial Creditors and granting them   exclusive rights under the Code had disastrous impact

Section 1 provides for short title, extent and commencement of the Code. The Code may be called Insolvency and Bankruptcy