Tag: Creditor Protection

A five-member bench of the National Company Law Tribunal (NCLT) stays a INR65 million repayment plan as settlement for a INR220 billion loan taken by Essel Group

When shareholder loans mask undercapitalisation, Chinese courts apply equitable subordination in bankruptcy to protect ordinary creditors from severe abuse

Revised bankruptcy law introduces limited personal debt relief for insolvent company shareholders

The article examines the liability boundaries of dual controllers, de facto and shadow directors under China’s revised Company Law