Big Names, Bigger Questions! L&T, DLF & United Breweries Facing Insolvency Petitions
Larsen & Toubro, DLF, and United Breweries — three industry giants known for their robust financials, strong market presence, and thousands of crores in revenue — have recently been in the news for a very unexpected reason: insolvency petitions filed by vendors under Section 9 of the Insolvency and Bankruptcy Code (IBC).
How can companies with strong balance sheets end up in insolvency courts?
In our latest video, we break down this complex issue to explain:
- What is a Section 9 Insolvency Petition?
- Why vendors are choosing this route for recovery of dues
- How this provision, originally designed to protect creditors, is now being seen as a strategic tool The legal and commercial implications for companies and suppliers
- And most importantly — what this trend tells us about corporate payment discipline in India
📽️ In our latest video, we decode how vendors are using undisputed operational dues as a legal tool and what it really means for India Inc.
A must-watch for professionals in finance, law, and corporate governance!