IBBI heralds shift in liquidation course of, brings reduction to residence patrons

Insolvency regulator IBBI has launched important modifications to the liquidation course of, offering reduction for particular residence patrons and requiring a key position for a stakeholder session committee (SCC), made up of collectors of the corporate beneath liquidation, in important operational elements overseen by the liquidator. The most recent transfer of Insolvency and Chapter Board … Read more