Must Shylock Receive His Pound Of Flesh? An Ethical Inquiry Into The Insolvency And Bankruptcy Regimes For Natural Persons
T he Insolvency and Bankruptcy Code, 2016 (Code) is the umbrella legislation for
insolvency resolution of corporate persons, partnership firms and individuals
Personal insolvency needs to be treated as a social insurance option. A mechanism which relies on the interaction between creditors and borrowers must be put in place
Anticipating the function and impact of India’s new personal insolvency and bankruptcy regime – A Youtube Video
Video: Anticipating the function and impact of India’s new personal insolvency and bankruptcy regime
As part of the Emerging Markets Finance Conference, 2017, organised by IGIDR in collaboration with Vanderbilt Law School, Bindu Ananth joined a discussion on India’s new personal insolvency and bankruptcy regime, along with Prof. Adam Feibelman of Tulane University Law School and Renuka Sane, Associate Professor, NIPFP.
We recently hosted a series of knowledge management sessions at our office, as part of which we had invited Richa Roy of AZB & Partners as one of the speakers.
While the corporate insolvency framework has seen a lot of activity, the individual insolvency framework in India consists merely of a pair of statutes legislated in the British era which today lie dormant for all practical purposes.