Anirudh Das, Damodaram Sanjivayya National Law University, Visakhapatnam
Abstract
In this article the author will briefly go over the basics of who can be called a shareholder. The position of the shareholder in context of the recent changes made to the insolvency and bankruptcy code, in addition to the clarifications given by the ministry of Corporate Affairs. In the essay below the author would like to go over the change in the legal powers of the Shareholder, in the case of initiating the CIRP and after the formation of Committee of Creditors. The essay will also consider the insolvency committee report and the writings of eminent juris in this subject matter.
