INSUBCONTINENT EXCLUSIVE:
lenders were kicked off an influential creditors committee by a court official in India, dealing the group a setback in their efforts to
company while a plan to repay creditors is put together
illegitimate as no interim resolution professional in the history of the Insolvency and Bankruptcy Code of India has ever attempted to
insolvency proceeding in a court in India for months, but with limited success
a fraudulent-transfer lawsuit in a US bankruptcy court
The lenders have asked the Supreme Court of India to block that deal, arguing money that should go to them was wrongly being used to pay off
the cricket board instead
(Wilmington).First Published: Sep 04 2024 | 8:17 AMIST
