Plain-language guides to the IBC — written by an IBBI-registered Insolvency Professional for creditors, promoters, applicants and fellow professionals.
A plain-language guide to the Corporate Insolvency Resolution Process — admission, moratorium, the CoC, resolution plans and timelines.
Read → GuideThe process for guarantors to corporate debtors — repayment plans, bankruptcy and what to expect.
Read → GuideThe Section 30(2) compliance checks, the CoC's commercial wisdom and the 66% vote, explained.
Read → GuideWho is disqualified from submitting a resolution plan, and the reach of connected persons.
Read → GuideHow a financial creditor triggers CIRP before the NCLT — default proof, Form 1 and the process.
Read → GuideHow secured-creditor enforcement differs from collective insolvency — and which route to choose.
Read → GuideWhen a company goes into liquidation, the Liquidator's role, going-concern sale, and who gets paid first.
Read → GuideThe solvent exit — declaration of solvency, members' resolution, timelines and dissolution.
Read → GuideThe Section 8 demand notice, the 10-day window, the pre-existing dispute test and Form 5.
Read → GuidePreferential, undervalued, fraudulent and extortionate transactions — look-back periods and consequences.
Read → GuideComposition, voting shares, the 66% and 90% thresholds, and the commercial-wisdom doctrine.
Read → GuidePlain-English definitions of the essential Insolvency & Bankruptcy Code terms — CIRP, CoC, moratorium, Section 29A and more.
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