• Ajay Noronha

The methodology used for research is doctrinal research method. This paper speaks about the corporate debt restructuring mechanism in India, with a special reference to the corporate insolvency resolution process. The paper is divided into 6 parts, the paper starts with the idea of a company being a juristic person to whom law has attributed a legal status and hence it is different from a human being and is a juristic person. The paper then continuous to say that a company is an ongoing concern, therefore it has perpetual succession and lives forever under dissolved or the company being in the procedure of winding up. Therefore there is a need to help the company when the company’s liabilities are more than the assets or to restructure the company and thereby increase the life span of the company. The paper would mention various corporate restructuring mechanisms and would deal in detail about the Corporate Insolvency Resolution Process mentioned under the Insolvency and Bankruptcy code, 2016.

Isolvency, corporate debt restructuring mechanisms, Corporate insolvency resolution Process, Juristic person and perpetual succession.

"CORPORATE DEBT RESTRUCTURING MECHANISM IN INDIA – A SPECIAL REFERENCE TO CORPORATE INSOLVENCY RESOLUTION PROCESS.", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 9, page no.44-47, September-2018, Available :http://www.jetir.org/papers/JETIR1809412.pdf

"CORPORATE DEBT RESTRUCTURING MECHANISM IN INDIA – A SPECIAL REFERENCE TO CORPORATE INSOLVENCY RESOLUTION PROCESS.", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 9, page no. pp44-47, September-2018, Available at : http://www.jetir.org/papers/JETIR1809412.pdf