The Debtor-in-Charge Problem: Why Creditor Led Resolution Process' Cooperation Paradox Could Undermine IBC Amendment 2025
The IBC Amendment Bill 2025 introduces the Creditor-Led Resolution Process, marking India's first genuine experiment with debtor-in-possession insolvency. On paper, it looks elegant. Let existing management continue running operations while creditors supervise through a resolution professional. The problem? The entire framework rests on an assumption that might not survive contact with reality.
SD Partners
3 hours ago9 min read
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