CONDUCT OF THE FAST TRACK PROCESS - Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017
CONDUCT OF THE FAST TRACK PROCESS - Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017
Resolution plan measures for corporate debtors enable asset transfers, debt re-profiling, equity changes and regulatory approvals to maximise value. Resolution plans must provide measures to maximise the corporate debtor's asset value through transfers or sales of assets, substantial share ... Summary
Resolution plan measures for corporate debtors enable asset transfers, debt re-profiling, equity changes and regulatory approvals to maximise value.
Resolution plans must provide measures to maximise the corporate debtor's asset value through transfers or sales of assets, substantial share acquisitions, mergers, issuance of securities, modification or satisfaction of security interests, curing or waiving breaches, alteration of debt terms, and amendment of constitutional documents, while addressing creditor recoveries and obtaining necessary governmental and regulatory approvals.
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