News & Media 19th Feb 2024

IBBI’s Latest Amendments Promise Smoother Transition In Resolution Plans: Experts

Authors

Mukesh Chand Senior Counsel | Mumbai

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In the latest article of BW Businessworld, #Sheikhrashid writes on the significant amendments made to the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 and IBBI (Liquidation Process) Regulations, 2016 to strengthen the regulatory framework of the liquidation process. These changes aim to facilitate a smoother process for liquidation, ensuring accountability and bolstering the confidence of stakeholders in the liquidation process.

Our Senior Counsel, Mukesh Chand says, “It is seen that in most resolution plans, the value offered revolves around liquidation value even though it is not supposed to be revealed” in the article “IBBI’s Latest Amendments Promise Smoother Transition In Resolution Plans: Experts

Read the article here