PR-0039Principles · Banking · Wanted
Maximisation of Value in Insolvency
Scope
The Insolvency Code aims to revive the company and maximise the value of its assets; liquidation is the last resort.
Authorities to start from
- Swiss Ribbons (P) Ltd. v. Union of India, (2019) 4 SCC 17
- Insolvency and Bankruptcy Code, 2016, preamble
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