Stake of Minority Shareholder during CIRP
Lead author · Corresponding
Vedhika Gupta
Student at Symbiosis Law School, Nagpur, India
Co-author
Shashank Shekhar Kunwar
Student at Symbiosis Law School, Nagpur, India
Abstract
This paper aims at providing the readers a comprehensive understanding and a deep insight of minority shareholder rights during insolvency proceedings. It analyzes the current state of shareholders rights as under the Insolvency and Bankruptcy Code (IBC) and highlights it with the help of relevant landmark judgments. Additionally, it describes and talks about the guaranteed rights of minority shareholders under the Companies Act. By analyzing the various international perspectives on protecting minority shareholder rights, the authors have built a foundation for suggested policy implementations and concludes by emphasizing the urgent need to safeguard stakeholder interests during insolvency.
Keywords
Insolvency and bankruptcy code
Committee of creditors
corporate insolvency resolution process
national company law tribunal