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liquidation
Liquidation of Company
20 Jul, 19

Liquidation of Company

Liquidation is a significant financial and legal process that involves winding up a company’s operations and settling its obligations. It can be triggered by insolvency, business decisions, or legal orders. This guide provides an in-depth understanding of liquidation, its types, processes, consequences, and considerations for stakeholders. 1. What Is Liquidation? Liquidation refers to the formal […]
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Adjudicating Authority for Corporate Persons
28 Feb, 19

Adjudicating Authority for Corporate Persons

Adjudicating Authority for Corporate Persons Every law is incomplete without an appropriate legislative authority that shall be responsible for monitoring the effective and smooth functioning of that law. The law is crafted keeping into account that there shall be a special authority which shall be responsible for resolving the practical difficulties that arise during the […]
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Voluntary Liquidation - Muds Management
27 Feb, 19

Voluntary Liquidation

Voluntary Liquidation The Insolvency and Bankruptcy Code 2016 not only enables the insolvency proceedings of the insolvents but also the code contains provisions for solvent entities that want to themselves surrender their business and refrain from carrying on their business. To be eligible for voluntary liquidation, the solvent entity must be in a state to […]
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Liquidation process for Corporate Persons
26 Feb, 19

Liquidation process for Corporate Persons

Liquidation process for Corporate Persons The provisions dealing with the liquidation of corporate persons are imbibed in chapter III of part II of the Insolvency and Bankruptcy code. We at MUDS on having a glance at chapter III derived the interpretation that liquidation process can be initiated only when the resolution plan as required to […]
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