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Learn the fundamentals of India's Insolvency and Bankruptcy Code (IBC) through this 34-minute lecture that covers the Corporate Insolvency Resolution Process (CIRP) initiation procedures. Explore who has the authority to initiate CIRP proceedings and understand the essential requirements for admitting a corporate debtor into the insolvency resolution framework. Gain comprehensive knowledge about the legal provisions governing corporate insolvency in India, including the eligibility criteria for different stakeholders to trigger the CIRP mechanism and the procedural essentials that must be satisfied before a corporate debtor can be admitted into the resolution process.
Syllabus
Introduction to IBC, Who may Initiate CIRP
Taught by
NPTEL-NOC IITM