Krrishan Singhania
K Singhania & Co, Mumbai
Avni Singhania
K Singhania & Co, Mumbai
K. Anjana Devi
K Singhania & Co, Mumbai
Aayush Shah
K Singhania & Co, Mumbai
Overview of the aviation insolvency proceedings before Indian courts
In India, the Insolvency and Bankruptcy Code (IBC) was introduced to safeguard stakeholders’ interests and facilitate the restructuring of enterprises to continue their operations. Presently, the IBC governs all insolvency proceedings including the aviation industry.
The Corporate Insolvency Resolution Process (CIRP) under the IBC is initiated when the corporate debtor either voluntarily or involuntarily, (ie by…
