Insolvency and Bankruptcy Hotline
September 24, 2018
Bondholders under IBC: Unravelling no action clauses

 

This article was originally published in the 24th September 2018 edition of

SUMMARY:

In this article, we explore the rights of a special class of creditors, i.e. holders of bonds (Bondholders) and their ability to initiate corporate insolvency resolution process (CIR Process) under IBC in light of “no action clauses” and issues arising thereof.

For complete article, please click here.

 

– Mohammad Kamran, Arjun Gupta & Simone Reis

You can direct your queries or comments to the authors

 

 

Disclaimer

The contents of this hotline should not be construed as legal opinion. View detailed disclaimer.

This Hotline provides general information existing at the time of preparation. The Hotline is intended as a news update and Nishith Desai Associates neither assumes nor accepts any responsibility for any loss arising to any person acting or refraining from acting as a result of any material contained in this Hotline. It is recommended that professional advice be taken based on the specific facts and circumstances. This Hotline does not substitute the need to refer to the original pronouncements.

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Littler International Guide (India) 2024
November 08, 2024

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NDA Connect

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conferences and seminars.

Insolvency and Bankruptcy Hotline

September 24, 2018

Bondholders under IBC: Unravelling no action clauses

 

This article was originally published in the 24th September 2018 edition of

SUMMARY:

In this article, we explore the rights of a special class of creditors, i.e. holders of bonds (Bondholders) and their ability to initiate corporate insolvency resolution process (CIR Process) under IBC in light of “no action clauses” and issues arising thereof.

For complete article, please click here.

 

– Mohammad Kamran, Arjun Gupta & Simone Reis

You can direct your queries or comments to the authors

 

 

Disclaimer

The contents of this hotline should not be construed as legal opinion. View detailed disclaimer.

This Hotline provides general information existing at the time of preparation. The Hotline is intended as a news update and Nishith Desai Associates neither assumes nor accepts any responsibility for any loss arising to any person acting or refraining from acting as a result of any material contained in this Hotline. It is recommended that professional advice be taken based on the specific facts and circumstances. This Hotline does not substitute the need to refer to the original pronouncements.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

Research Papers

Littler International Guide (India) 2024
November 08, 2024

Unmasking Deepfakes
October 25, 2024

Are we ready for Designer Babies
October 24, 2024

NDA Connect

Connect with us at events, 
conferences and seminars.