The Restructuring Ledger

Muskan Jain and Qazi Ahmad Masood * Introduction: New Battleground in Insolvency Over the last decade, the value of modern companies has come to be realised through the intangible rights  or assets they hold, such as data rights, brand equity, platform licenses, copyrights, and trademarks. A company’s value no longer depends only on physical assets like factories or land. These intangible rights are governed by distinct statutory frameworks . When these assets enter insolvency, a new legal...

Hiteshi Chugh & Reiyaa Vaish * Background India is the world’s third-largest domestic aviation market , yet the sector has seen its fair share of airline failures and recent legal developments suggest that this trend may continue. Aircraft are high-value and predominantly leased assets; the insolvency laws treated them no differently from other mobile assets of the corporate debtor. The Protection of Interests in Aircraft Objects Act, 2025 (“ the Act ”) marks the first comprehensive attempt...

Deepak Tiwari * Introduction India is making a significant policy shift by opening the nuclear sector to private participation. This policy shift significantly renews India's push towards expanding nuclear energy production . Nuclear power projects are among the most capital-intensive undertakings in the energy sector, as it includes long-gestation periods, high regulatory compliance costs, and substantial exposure to technological and operational risk. Private participation inevitably brings...