India’s Move Towards Voluntary Group Insolvency: A Game Changer for Corporate Restructuring?

India is on the verge of adopting a significant change in its insolvency framework with the introduction of ‘voluntary’ group insolvency. This new approach aims to streamline the resolution process for interconnected companies, maximizing asset value and minimizing costs. The article delves into the rationale behind this move, examining past group insolvency cases and exploring potential benefits and challenges.

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