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
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.