An Analysis Of Insolvency And Bankruptcy (Amendment) Bill, 2019

Recently, the NCLAT in Essar Steel Judgment had given parity in terms of status to the operational creditors and lenders by observing that the committee of the creditors has given raw deal to operational creditors and therefore, accordingly went on to modify the Resolution Process. This Judgment triggered for the amendments in the code by the central Government.

An analysis of Insolvency and Bankruptcy (Amendment) Bill, 2019 by Nisha Sharma