NAVIGATING CORPORATE INSOLVENCY: THE CRITICAL ROLE OF RESOLUTION PROFESSIONALS IN PROTECTING CREDIT

Authored by Dhruv Garg*

ABSTRACT

This research paper examines the critical role of resolution professionals in protecting creditor interests during corporate insolvency proceedings. The study analyses the legal framework and evaluates the effectiveness of resolution professionals in safeguarding the rights of creditors. The research highlights the challenges faced by resolution professionals and the strategies adopted by them to overcome these challenges. The paper also explores the ethical and professional responsibilities of resolution professionals and their impact on the resolution process. The findings suggest that the success of corporate insolvency proceedings largely depends on the competence and integrity of resolution professionals. The study concludes by providing recommendations for enhancing the role of resolution professionals in protecting creditor interests and improving the overall efficiency of the corporate insolvency framework.

Keywords - Corporate Insolvency Resolution, Resolution Professional, Creditors

Publication date and year: March, 2023

DOI Link: https://doi.org/10.59126/v2i3a8

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Preferred Citation: Dhruv Garg, NAVIGATING CORPORATE INSOLVENCY: THE CRITICAL ROLE OF RESOLUTION PROFESSIONALS IN PROTECTING CREDIT, Page no. 106-123, Vol. II-III, (2023).

* B.A.LL.B 5th Year, Vivekananda Institute of Professional Studies, available at gdhruv04@gmail.com.