The Insolvency and Bankruptcy Code. The corporate debtor and creditor.
At present, the Code illustrates a picture that seems to be in favour of
the creditor resulting in an imbalance between the corporate debtors and
creditors. Through this paper, after an analysis of case laws and relevant
sections of the IBC, the need to strike a balance between the corporate debtors
and the creditors is considered to ensure the objects of the Code are achieved.