regard to the
22
materials available, adopt that method of valuation which
equitably distributes the compensation between the persons
entitled thereto. [See : Dossibai Nanabhoy Jeejeebhoy ... formulated in each case so as to
ensure a just and equitable distribution of the total value or
compensation among the persons interested
Corporate Insolvency
Resolution Process5 under the Code, and that the
legislature has assigned them a specific role to
3 For short, Code.
4 The mortgage ... will not have
stake or interest in Corporate Debtor’s revival or
equitable liquidation, while a financial creditor,
apart from looking for safeguards
assignment,
operation of law, and merger and succession. 28 However, the English law has
explicitly rejected other doctrines such as piercing the corporate veil,
equitable
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