Taxmann's Analysis | Mediation for Operational Creditors – IBBI's Proposal to Simplify the IBC Process
About this ebook
‣ Mediation Step – Operational creditors can opt for mediation, led by a qualified mediator, to resolve disputes before formal proceedings
‣ Non-Settlement Report – If mediation fails, a report will accompany the creditor's application, aiding faster processing by the Adjudicating Authority (AA)
‣ Expected Benefits – The proposal is anticipated to improve efficiency, reduce costs, and expedite admissions by promoting early dispute resolution
About the author
At the heart of Taxmann Publications lies the Research & Editorial Team, established from a cadre of Chartered Accountants, Company Secretaries, and Lawyers. This group, operating under the guidance of Editor-In-Chief Mr Rakesh Bhargava, is the cornerstone of Taxmann's commitment to delivering unparalleled content accuracy and reliability.
The team's mission is anchored in the principles of the Six Sigma methodology, with a steadfast goal of eradicating errors and upholding the highest standards of excellence in all publications and research outputs. Their rigorous content development process is informed by core guidelines, ensuring every piece of work is authoritative and insightful. These guidelines include:
• Sourcing – All statutory materials are derived exclusively from authorized and credible sources, guaranteeing the integrity of the information provided
• Current Awareness – The team prioritizes keeping readers well-informed of the latest judicial and legislative developments, ensuring content is both timely and relevant
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• Clarity and Accuracy – Taxmann pledges that every publication is thorough, precise, and articulated with clarity, serving as a reliable reference for complex subjects
• Evidence-based Referencing – Assertions and analyses are meticulously backed with references to relevant sections, circulars, notifications, or citations, enhancing the content's credibility
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