Indian insolvency law allows majority financial creditors to cram down a reorganisation plan for a corporate debtor on dissenting and non-voting creditors. This article authored by our Partner & Head of Insolvency Pooja Mahajan, Partner - Mahima Singh, Managing Associate - Arveena Sharma and Associate - Samridhi Shrimali Share their views on the cramdown provisions and the approach taken by the courts when interpreting these provisions.
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