[IBC] Telangana HC Quashes Proceedings Against Ex-Director Of Company, Says IRP Had Already Taken Charge When Complaint Was Filed

Liquidation

The High Court of Telangana has delivered an important decision on the issue regarding criminal liability of Directors and corporate governance. In quashing the proceedings initiated against the petitioner (former Director of a pharmaceutical company), Justice K Sujana held that the petitioner could not be held responsible for alleged violations by the accused-company since he…

2nd International Conclave 2024 held by IBBI and INSOL India

Liquidation

The Conclave brought together global thought leaders, legal experts, financial professionals, and stakeholders to discuss the latest trends, opportunities, and challenges in the insolvency and restructuring sectors. The event focused on both domestic and international perspectives on insolvency, with a special emphasis on India’s evolving framework under the Insolvency and Bankruptcy Code, 2016 (‘IBC’). The…