Insolvency and Bankruptcy Board of India (Insolvency Resolution Process For Corporate Persons) (Second Amendment) Regulations, 2017 - IBBI/2017-18/GN/REG018 - Insolvency and Bankruptcy
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Resolution plan stakeholder protection must state how interests of all stakeholders, including creditors, are addressed. A resolution plan must include a statement explaining how it has dealt with the interests of all stakeholders of the corporate debtor, explicitly including financial creditors and operational creditors, thereby requiring plan proponents to disclose treatment of competing creditor and stakeholder interests within the insolvency resolution process.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Resolution plan stakeholder protection must state how interests of all stakeholders, including creditors, are addressed.
A resolution plan must include a statement explaining how it has dealt with the interests of all stakeholders of the corporate debtor, explicitly including financial creditors and operational creditors, thereby requiring plan proponents to disclose treatment of competing creditor and stakeholder interests within the insolvency resolution process.
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