According due credit to creditors’ interests: Examining directorial duties in near insolvency and insolvency scenarios (Record no. 531866)

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100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Viswanathan, L . Bisht, Animesh and Sangani, Karan
245 ## - TITLE STATEMENT
Title According due credit to creditors’ interests: Examining directorial duties in near insolvency and insolvency scenarios
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc Vikalpa: The Journal for Decision Makers
300 ## - PHYSICAL DESCRIPTION
Extent 50(3), Jul-Sep, 2025: p.191-210
520 ## - SUMMARY, ETC.
Summary, etc Two recent developments in the United Kingdom and Ireland have reignited the debate regarding the scope of the directors’ fiduciary duties during financial distress when the creditors’ economic interests in the company’s assets assume greater significance. This paper examines these developments and discusses the reorientation of the directors’ fiduciary duties that is necessary in near insolvency and insolvency scenarios from shareholder interest primacy to safeguarding the creditors’ interests. This paper further discusses the implications and workability of such position in the Indian context to examine how the directors’ fiduciary duties towards creditors can be formalised under the Indian regime.- Reproduced

https://journals.sagepub.com/doi/full/10.1177/02560909241306533
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Directors, Fiduciary deities, Creditor duty, Insolvency and bankruptcy code, Insolvency,
9 (RLIN) 57667
773 ## - HOST ITEM ENTRY
Main entry heading Vikalpa: The Journal for Decision Makers
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Item type Articles
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2025-11-04 50(3), Jul-Sep, 2025: p.191-210 AR137504 2025-11-04 Articles

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