CORPORATE
Changes in Liquidation Process to Benefit Creditors
The changes introduced by the IBBI are significant in so far as they create a check and balance on critical areas of the liquidation process.
February 19, 2024
The changes introduced by the IBBI are significant in so far as they create a check and balance on critical areas of the liquidation process.
In this article, we elaborate on the 16 proposals presented by the IBBI in its discussion paper, to strengthen the liquidation process.