Date and Time:
April 30, 2022 9:30 am - 3:00 pm
Event Location:
Hotel Eros, Delhi, India
Description
The Insolvency and Bankruptcy Code in India is the bankruptcy law of India which seeks to consolidate the existing framework by creating a single law for insolvency and bankruptcy. The Code is enacted to consolidate and amend the laws relating to reorganization and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner for maximization of value of assets of such persons, to promote entrepreneurship, availability of credit and balance the interests of all the stakeholders including alteration in the order of priority of payment of Government dues and to establish an Insolvency and Bankruptcy Board of India, and for matters connected therewith or incidental thereto.
Thus, , Achromic Point along with Alvarez & Marsal as Gold Partner presents this 4th Annual Insolvency and Bankruptcy Code Conference and Awards 2022 on 30th April 2022, Hotel Eros Nehru Place (Hybrid). In this you will understand about the Journey of Insolvency and Bankruptcy Code 2016 and The Way Forward, The Journey of Insolvency and Bankruptcy Code 2016 and The Way Forward, Cross Border Insolvency/ Group Insolvency/ Pre-Packs and much more.
Who should attend:
- Banks
- Financial Institutions
- Law Firms
- Tax Consultants and CAs
- CFOs
- Insolvency Professional
- Advocates
Award Categories:
The 2022 Achromic Point Insolvency and Bankruptcy Awards are being introduced to recognize achievement in the domain of Insolvency and Bankruptcy in the following categories:
- Corporate Recovery Firm of the Year
- Best Innovative Recovery Practices
- Corporate Restructuring Firm of the Year
- Up & Rising Law/IP Firm of the Year
- Diversity Champion
- Insolvency Law firm of the year 1
- Most Promising IP of the Year
- Young Achievers Award of the Year in the Firm
- Insolvency Litigation Funder of the year
- Corporate restructuring IP of the year 2
- Insolvency and restructuring Firm of the year
You are requested to solicit your nomination by filling in the details in the form attached.
Thought Leaders:
- Justice S. J. Mukhopadhaya (Chief Guest)
Former Judge
Supreme Court of India - Satwinder Singh
Partner
Vaish Associates Advocates
- Nitin Jain
Partner
Agam Law Associates
- Sunil Gupta
Vice President
Resurgent
- Vishal Barfiwala
Senior Director
Alvarez & Marsal
- Abhilash Lal
Resolution Professional
- Khushboo Vaish
Senior Director
Alvarez & Marsal
- Ritu Goyal
Senior Partner & Co-Founder
Naks & Partner (Advocates & Solicitors) - Gajanand Kirodiwal
Senior Associate
ATLAS LAW PARTNERS
- Varun Vaish
Associate Partner
ATLAS LAW PARTNERS - Sanjeev Ahuja
Founder
MissingBridge - Rajan D Gupta
Partner
ALPHA RAJAN & PARTNERS
ADVOCATES & SOLICITORS - Kashish Grover
Chief Investment Officer
LegalPay
Event Timelines
Welcome Address
Session 1: IBC process from different perspectives • Resolution Applicants perspective (including Eligibility norms for Resolution Applicant, Ineligibility under 29 A along with judgments, Liability of Resolution Applicant after the approval of the Resolution Plan, Clean Slate Theory, key ingredients for drafting of Resolution Plan) • Constitution of Committee of Creditors ( including process, classification of creditors and issues and challenges) • Role, Responsibility of Resolution Professional during the CIRP. • Powers of ex-Management and exception carved out for MSMEs.
Session 2: Evolution of Insolvency and Bankruptcy Code 2016 (Journey So Far)- Chief Guest
Tea/Coffee Break
Session 3: Drafting and other issues. Defending / formulating strategies.
Drafting of Demand Notice
Drafting of Petition under section 7, 9 and 10
Admission of petitions.
Grounds of Rejection of Petitions.
Issue of Limitation.
Pecuniary limit for initiating the Code.
Other legal issues
Session 4: Mediation in IBC
Session 5: (Panel Discussion) Cross Border Insolvency/ Group Insolvency/ Pre-Packs
Prepacked Insolvency Resolution
Cross Border Insolvency (Jet airways case- whether India should adopt UNCITRAL Model Law on Cross Border Insolvency)
Group Insolvency (Videocon case- need to adopt regime on group insolvency)
Various committees and the suggestions therein
Practical consideration while drafting Resolution Plan- Successful resolution plan formulation with maximisation of asset value
Liquidation (including Voluntary Liquidation), Fast track Insolvency Resolution Process and Personal Insolvency
Session 6: Interim Finance - Vital to resolve Resolution Professional's challenges
Challenges faced by Resolution Professionals
How Interim Finance can be a solution to the majority of problems faced by Resolution Professionals.
Innovative product easing the Corporate Insolvency Resolution Process (CIRP)
Awards Distribution and Concluding Remarks
Luncheon
