Jun 10, 2021

Role of Shareholders in Insolvency and Bankruptcy Code, 2016

Anirudh Das, Damodaram Sanjivayya National Law University, Visakhapatnam

Abstract

In this article the author will briefly go over the basics of who can be called a shareholder. The position of the shareholder in context of the recent changes made to the insolvency and bankruptcy code, in addition to the clarifications given by the ministry of Corporate Affairs. In the essay below the author would like to go over the change in the legal powers of the Shareholder, in the case of initiating the CIRP and after the formation of Committee of Creditors. The essay will also consider the insolvency committee report and the writings of eminent juris in this subject matter.

Comments

Indian Journal of Law and Legal Research

Abbreviation: IJLLR

ISSN: 2582-8878

Website: www.ijllr.com

Accessibility: Open Access

License: Creative Commons 4.0

Submit Manuscript: Click here

Licensing:

All research articles published in The Indian Journal of Law and Legal Research are fully open access. i.e. immediately freely available to read, download and share. Articles are published under the terms of a Creative Commons license which permits use, distribution and reproduction in any medium, provided the original work is properly cited.

Disclaimer:

The opinions expressed in this publication are those of the authors. They do not purport to reflect the opinions or views of the IJLLR or its members. The designations employed in this publication and the presentation of material therein do not imply the expression of any opinion whatsoever on the part of the IJLLR.