Most of us know that a debenture holder is a “financial creditor” under the Insolvency and Bankruptcy Code, 2016 (“IBC”) regime. Most of us also know that if the default of redeeming these debentures exceed ₹1 crore, only then can they approach National Company Law Tribunal (“NCLT”) under the IBC regime.
Please click here to read the full article by Harshavardhan Abburi, published in Bar and Bench.
Harsha has worked extensively in Litigation and Corporate Commercial matters. He has appeared and advised on various Forums including High Court, NCLT, Civil Courts, Consumer Commissions, etc.