Private guarantors’ insolvency: IBBI mandates Decision Professionals to supply reviews to each debtor and creditor for enhanced transparency

Insolvency and Chapter Board of India (IBBI) has taken one other essential step in direction of enhancing transparency within the insolvency decision of non-public guarantors.  It has now mandated that Decision Professionals (RPs) present a replica of its report back to each creditor and debtor in all instances.  This can be certain that the debtor … Read more