From Loophole to Law: The Evolution of Beneficial Ownership in India’s Insolvency Regime
Introduction In India IBC1 was enacted to streamline the resolution of corporate insolvency in a time-bound manner, fostering a new era of business restructuring. At its core, the IBC seeks to balance the interests of all stakeholders, primarily creditors, while providing a “clean slate” for distressed assets. However, a critical challenge has persisted since its inception: how to prevent unscrupulous […]
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