Interview on HBN Dairies Insolvency Case

About the Case

The HBN Dairies and Allied Industries case is a well-known case in relation to insolvency proceedings where collective investment schemes (CIS) are involved. An interesting aspect of this case is the primacy of the Insolvency and Bankruptcy Code (IBC) vis-à-vis the Securities Exchange Board of India (SEBI). Another aspect is the classification of investments in CIS as a financial debt.

Expert Insights

In this interview, our guest, Manisha Chaudhary discusses her role as a lawyer in this case and the challenges that she faced during the proceedings. She also talks about the filing process involved in this case, and the challenges in that as well.