Resolution Plan
A Resolution Plan is a strategic framework used to address financial distress in companies. It outlines steps for restructuring debt and restoring viability. In the context of Indian law, it is crucial under the Insolvency and Bankruptcy Code. This plan aims to protect stakeholders’ interests while ensuring a fair recovery process. It plays a vital role in maintaining economic stability.
When the first resolution plan under the Insolvency and Bankruptcy Code (IBC) was approved in August 2017, it sent shockwaves through India’s financial system. A related party regained...
January 9, 2026
