Introduction
India, Insolvency & Restructuring, Litigation, Cyril Amarchand Mangaldas, Insolvency, Insolvency and Bankruptcy Code (India), Supreme Court of India
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]
India, Insolvency & Restructuring, Litigation, Cyril Amarchand Mangaldas, Insolvency and Bankruptcy Code (India), Supreme Court of India, National Company Law Tribunal