RESOLUTION PROFESSIONAL: ROLE, APPOINTMENT AND ITS IMPACT ON THE COMPANY'S LIQUIDATION

Author by – Riya Dharmendra Sangani*

ABSTRACT

The most significant alternative reform in the Indian legal system is the IBC. It is because the Insolvency and Bankruptcy Code, 2016 (IBC) is giving India a new identity and economic legitimacy on a global scale while simultaneously emphasizing its importance in the legal sphere. India's bankruptcy law, the Insolvency and Bankruptcy Code of 2016, aims to unify the existing system by combining insolvency and bankruptcy under a single body of law. The study is of a descriptive kind. Moreover, the article also discusses the function of the resolution specialist and how it contributes to the liquidation process.

Keywords: IBC 2016, resolution specialists, insolvency, bankruptcy, and India's legal system

Publication date and year: March, 2023

DOI Link: https://doi.org/10.59126/v2i3a11

Paper 11

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Preferred Citation: Riya Sangani, RESOLUTION PROFESSIONAL: ROLE, APPOINTMENT AND ITS IMPACT ON THE COMPANY'S LIQUIDATION, Page no. 152-166, Vol. II-III, (2023).

*2nd year of 3 year LLB, Jitendra Chauhan College of Law, available at riyasangani20@gmail.com