Download the Handbook for Section 29A, IBC (2016)
Section 29A of the Insolvency and Bankruptcy Code is a critical but complex provision that outlines the eligibility criteria for resolution applicants. It also aims to balance the interests of various stakeholders involved in the insolvency process. Whether you’re a legal professional, a business owner, or a creditor, understanding the nuances of Section 29A is crucial for effective due diligence and compliance.
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In-Depth Analysis
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FAQs Answered
Find answers to common questions from Resolution Applicants, ARCs, and Banker’s Forums across India.
What’s Inside the Handbook?
Understand the various factors that can disqualify certain individuals and entities from submitting a resolution plan.
Learn how Section 29A restricts the involvement of related parties in the resolution process.
Get insights into the conditions under which promoters are barred from submitting resolution plans.
Know how Section 29A aims to ensure that resolution applicants are credible and acting in good faith.
Discover how Section 29A improves the chances of successful resolution by promoting credible applicants.
Understand how Section 29A aims to balance the interests of various stakeholders, including creditors, employees, and shareholders.