Smitha Menon (Head of Restructuring & Insolvency) and Kajal Bhatia (Associate) have co-authored an article in Bar & Bench with Bahram N. Vakil (Co-founder) and Nilang Desai (Senior Partner) at AZB & Partners, titled “When Debtors Hold on to the Wheel: A Comparative Perspective on India’s CIIRP and Singapore’s Scheme of Arrangement.”
The article examines the evolving restructuring landscape in India and Singapore, focusing on the balance between debtor control, creditor participation and court oversight under India’s Creditor-Initiated Insolvency Resolution Process and Singapore’s Scheme of Arrangement.
The comparative analysis offers useful insights into how each regime converges and diverges.
Click here to read the full article.