"It was a wonderful experience interacting with you and appreciate the way you have planned and executed the whole publication process within the agreed timelines.”
Subrat SaurabhAuthor of Kuch Woh Pal
The Insolvency and Bankruptcy Code, 2016 is not merely an incremental reform but a paradigm shift in the resolution of financially stressed corporate persons, partnership firms, and individuals. This shift is reflected in the unification of insolvency laws, the adoption of a predominantly creditor-in-control model, and a time-bound resolution process. The Code provides a mechanism for the prompt resolution of stressed entities, failing which they proceed to liquidation or bankruptcy, as the case may be.While the Code marks a seminal intervention in India's insolvency regime, certain elements of inherent inequity remain, particularly in the preferential treatment accorded to financial creditors over operational and other creditors.This book offers a critical analysis of the various aspects of the Code and serves as an essential resource for lawyers, company secretaries, chartered accountants, insolvency professionals, students, and all those interested in this evolving area of law.
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Mukesh Kumar Suman
Mukesh Kumar Suman is an advocate and legal author based at Delhi. He has authored several books on law including Fundamentals of Indian Constitution, Protection of Women from Domestic Violence Act, 2005: A Concise Commentary and The Industrial Relations Code, 2020 : The New Framework for Industrial Peace. His articles on diverse legal topics are available at www.mukeshsuman.com.
