Treatment of disputed claims in corporate insolvency: Evolving jurisprudence

Gupta, Satish Kumar and Tripathi, Ishana (2021) Treatment of disputed claims in corporate insolvency: Evolving jurisprudence. [Working papers (or Preprints)]

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Abstract

The introduction of the Insolvency and Bankruptcy Code, 2016 (IBC) in India as a consolidation of insolvency and bankruptcy laws has come with its challenges that have found resolution through judicial pronouncement, regulatory clarification or legislative intervention. One of the key issues in relation to process of corporate insolvency resolution has been in relation to claims against a corporate debtor and when such claims should be made – timing, validity and admission. Here, the role of the debtor, creditor and the insolvency administrator (the insolvency professional) become a subject matter of immediate discussion. In this paper, the authors seek to address the questions surrounding treatment of claims in insolvency resolution and offer next steps while tracing the jurisprudential development related to claims made in corporate insolvency under the IBC.

Item Type: Working papers (or Preprints)
Keywords: Claims | Verification of claims | Disputed claims | Consolidation of claims | Resolution professional | Powers of a resolution professional | Insolvency professional | Claims in corporate insolvency | Interim resolution professional | Submission of claims |
Subjects: Social Sciences and humanities > Social Sciences > Law and Legal Studies
JGU School/Centre: Jindal Global Law School
Depositing User: Admin Library
Date Deposited: 14 Mar 2022 06:12
Last Modified: 15 Mar 2022 07:02
Official URL: http://dx.doi.org/10.2139/ssrn.3910991
URI: https://pure.jgu.edu.in/id/eprint/1599

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