Liquidation of the Corporate Debtor - The right of the appellant ...

Liquidation vs. Resolution: NCLAT Advocates Revival for MSMEs, Emphasizing Balanced Interests Under IBC.

March 28, 2024

Case Laws Insolvency and Bankruptcy AT

Liquidation of the Corporate Debtor - The right of the appellant to propose a revised resolution plan - The judgment highlights the NCLAT's approach to balancing the interests of creditors and debtors within the framework of the IBC, particularly in the context of MSMEs. It reaffirms the principle that liquidation should be a last resort, with a preference for resolution and revival to maintain the entity's contribution to the economy.

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Liquidation of the Corporate Debtor - The right of the appellant ...

Liquidation vs. Resolution: NCLAT Advocates Revival for MSMEs, Emphasizing Balanced Interests Under IBC.

March 28, 2024

Case Laws Insolvency and Bankruptcy AT

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