“THE LEGAL TREATMENT OF HYBRID INSTRUMENTS UNDER IBC”: ASSESSING COMPULSORILY CONVERTIBLE DEBENTURES AS FINANCIAL DEBT
1. ABSTRACT The “Insolvency and Bankruptcy Code, 2016” (IBC), has emerged as a radical change in field of law in India’s business entities restructuring. In the origin of a sequence they are issued as debt instruments but must later be converted into equity shares. In the ongoing circumstances the CCDs are considered ambiguous instruments playing …











