Admitted Claims versus Intercreditor Arrangements - a licence to renege under the IBC?
Ashwin Bishnoi (Partner) and Shruti Singh
This paper was first published by INSOL International on 27 April 2018
CIRP MORATORIUM & THIRD PARTY OBLIGTAIONS
Soumitra Majumdar & Shrijita Bhattacharya, JSA
NCLT Mumbai bench, in its order in the matter of Roofit Industries Ltd. dated January 22, 2018, ruled on an important issue of whether a resolution plan under the corporate insolvency resolution process (“CIRP”) under the Insolvency and …