“The group insolvency mechanism is expected to prioritize a coordinated process over blanket substantive consolidation. This approach should help synchronize proceedings for related companies under stress, protect overall business value, and prevent contradictory orders, while still maintaining the distinct legal identity and creditor interests of each entity,” explained Anoop Rawat, national practice head, insolvency & restructuring, projects, banking and finance at law firm Shardul Amarchand Mangaldas & Co.
Insolvency Guardian
Insolvency Services & Bankruptcy Advice
