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Long-form writing from the partners and associates of APA Advocates on insolvency, restructuring and commercial law.

Insolvency & Bankruptcy

Information Memorandum under the Insolvency and Bankruptcy Code, 2016

Statutory Framework, Regulation 36, Preparation, Disclosure, Updating and Due Diligence

A comprehensive legal and practical note on preparing, verifying, updating and using an Information Memorandum during CIRP, including Regulation 36 disclosures, due diligence, valuation, VDR controls and practitioner checklists.

5 September 2026 22 min read
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Insolvency & Bankruptcy

Waterfall Mechanism under Section 53 of the Insolvency and Bankruptcy Code, 2016

Liquidation Distribution Framework | Practitioner Reference

A comprehensive note on the statutory waterfall for distribution of liquidation proceeds under Section 53 of the IBC — the priority of CIRP and liquidation costs, workmen and secured creditors, Government dues, pari passu distribution, the value break analysis and a pre-distribution compliance checklist.

4 September 2026 16 min read
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