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Implications of Involuntary Insolvency on Non-Profit Companies in India
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Mansi Jadon
Advocate at High Court of Madhya Pradesh
Abstract
This research paper investigates the implications of involuntary insolvency proceedings faced by non-profit companies due to creditor actions. A comparative analysis with the American model is conducted to gain insights, identify challenges, and propose policy recommendations. The study aims to enhance understanding of the unique challenges faced by nonprofits in managing financial distress and navigating insolvency processes.
Keywords
- Non-Profit Sector
- Involuntary Insolvency
- Creditors
- Financial Distress
Type
Research Paper
Information
International Journal of Law Management and Humanities, Volume 8, Issue 3, Page 3406 - 3418
DOI: https://doij.org/10.10000/IJLMH.1110264Creative Commons
This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.
Copyright
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