Corporate Debtor

A corporate person who owes a debt to a creditor under the Insolvency and Bankruptcy Code, 2016. Includes companies and LLPs against whom CIRP can be initiated.

Corporate Debtor is governed by the Insolvency and Bankruptcy Code, 2016 and regulated by IBBI. Understanding this concept is essential for ensuring regulatory compliance, avoiding penalties, and making informed corporate decisions in India.

Corporate Debtor is relevant for company secretaries, compliance officers, chartered accountants, corporate lawyers, board members, and all professionals dealing with IBC regulatory matters in India.