Oct 09, 2023

Treatment of Crown Debts in Indian Insolvency: Perspectives and Way Forward

Our team has authored this article for the Insolvency and Bankruptcy Board of India’s Research Publication titled ‘Navdrishti: Emerging Ideas on IBC’.

In their article, they have shared their thoughts on the treatment of crown debts under IBC, highlight the importance of subordinating crown debts to secured creditor dues in distribution of resolution proceeds, and discuss the concerns surrounding the judicial interpretations on this issue.

Please read the entire article here.






These are the views and opinions of the author(s) and do not necessarily reflect the views of the Firm. This article is intended for general information only and does not constitute legal or other advice and you acknowledge that there is no relationship (implied, legal or fiduciary) between you and the author/AZB. AZB does not claim that the article's content or information is accurate, correct or complete, and disclaims all liability for any loss or damage caused through error or omission.