Treatment of Secured Creditors

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International Insolvency Institute

51 episodes

3 days ago

A podcast featuring the latest news and commentary on cross-border insolvency by members of the International Insolvency Institute. The views and opinions expressed are those of the speakers and do not necessarily reflect the official policy of the International Insolvency Institute.

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Treatment of Secured Creditors - India

International Insolvency Institute

22 minutes 20 seconds

1 year ago

Treatment of Secured Creditors - India

Our experts panellists - Mr Bahram Vakil (Founding Partner, AZB & Partners), Ms Saloni Thakkar (Partner, AZB & Partners) and Ms Mariam Zaidi (Senior Legal Manager, Piramal Capital & Housing Finance) – discuss the changes to the treatment of secured creditors since the enactment of the Indian Bankruptcy Code in 2016. The podcast compares the current framework with the pre-COVID period as well as the period before the enactment of the new Code. The podcast also delves into the disputed treatment of secured creditors in some leading cases, such as Essar Steel and Anil Anchalia, before concluding with a short outlook on the announced reforms in the area.