Personally Guaranteeing the Creditors’ Gain

Introduction

Filed under:
India, Insolvency & Restructuring, Litigation, Cyril Amarchand Mangaldas, Insolvency, Insolvency and Bankruptcy Code (India), Supreme Court of India
Authors:
Vikash Kumar Jha , Shivansh Vishwakarma
Location:
India
Firm:
Cyril Amarchand Mangaldas
High Time for Group Insolvency Framework?!

Group Insolvency: Introduction

Group means two or more enterprises, which directly or indirectly are in a position to exercise 26% or more voting rights in other enterprise or appoint more than 50% members of the Board of Directors in the other enterprise or control the management or affairs of the other enterprise.[1]

Filed under:
India, Insolvency & Restructuring, Litigation, Cyril Amarchand Mangaldas, Insolvency and Bankruptcy Code (India), Supreme Court of India, National Company Law Tribunal
Authors:
Vikash Kumar Jha , Shivansh Vishwakarma
Location:
India
Firm:
Cyril Amarchand Mangaldas