Tag: Equity

Compulsorily Convertible Debentures Should Be Treated As Equity For The Purpose of IBC: Supreme Court

Compulsorily Convertible Debentures Should Be Treated As Equity For The Purpose of IBC: Supreme Court

The debatable issue that arises in corporate laws pertaining to compulsory convertible debentures (CCDs) is whether such CCDs fall under the ambit of financial debt under Insolvency and Bankruptcy Code, 2016 (IBC) or not. A