Whether ‘debtor’ Can Initiate Insolvency Proceedings Under Insolvency Bankruptcy Code, 2016
India had numerous acts in place to punish the defaulters like the Indian Contract Act, the Recovery of debts due to Banks and Financial Institution Act 1993, the Securitizations and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, Presidency Towns Insolvency Act, 1909, Provincial Insolvency Act, 1920, which were later on replaced […]
