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In this episode, Ayush Shukla from INDIALAW LLP decodes the distinction between financial and operational leases under the Insolvency and Bankruptcy Code, 2016. Using key judgments like Orix Leasing v. Rajendra Kumar Jain, we explain how lease classification determines a lessor's creditor status, voting rights, and recovery prospects in insolvency. A must-listen for finance professionals and legal advisors navigating IBC complexities.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
