ARCHIVES
VOL. 7, ISSUE 4 (2025)
Group insolvency in India: An emerging concept under the insolvency and bankruptcy legal regime
Authors
Ashvidha Sadhasivam
Abstract
A Company is a
separate Legal Entity and likewise the group companies, where these companies
face any financial distress, they undergo insolvency process. Group Insolvency is
a situation under the Insolvency and Bankruptcy Code usually entails multiple
entities within a corporate group experiencing financial distress. It often involves
provisions for coordinating or consolidating insolvency proceedings across
these entities to achieve a comprehensive resolution. Therefore, to reduce the
delay in litigation, the subsidiary companies which are insolvent can be
brought beneath a single roof as “Group Insolvency”. The research study is
limited to insolvencies occurring within the group companies, that operates
only in India i.e., the domestic group companies and does not cover the
Cross-border Group Insolvency and highlights the judicial interpretations given
by NCLT and NCLAT Bench. The researcher clearly indicates the objective is to
study the legislative and judicial interventions of Group Insolvency in India.
Download
Pages:135-142
How to cite this article:
Ashvidha Sadhasivam "Group insolvency in India: An emerging concept under the insolvency and bankruptcy legal regime". International Journal of Law, Policy and Social Review, Vol 7, Issue 4, 2025, Pages 135-142
Download Author Certificate
Please enter the email address corresponding to this article submission to download your certificate.