6th National Insolvency and Bankruptcy Code – Conference and Awards 2024 – New Delhi


Date and Time:

May 18, 2024 9:00 AM - 2:45 PM

Event Location:

Hotel Eros, New Delhi, India

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6th National Insolvency and Bankruptcy Code – Conference and Awards 2024 scheduled on 18th May 2024 in New Delhi at Hotel Eros brought to you by Achromic Point where key issues like Recent Amendments, Future prospects/ reforms and much more will be discussed.

Who should attend:

  • Banks
  • Financial Institutions
  • Law Firms
  • Tax Consultants and CAs
  • CFOs
  • Insolvency Professional
  • Advocates

Award Categories:

The 2024 Achromic Point Insolvency and Bankruptcy Awards are being introduced to recognize achievement in the domain of Insolvency and Bankruptcy in the following categories:

  • Rising Star Award
  • Insolvency and Restructuring Chambers of the Year
  • Corporate Recovery Firm of the Year
  • Insolvency Litigation Funder of the Year
  • Best Innovative Recovery Practices
  • Diversity Champion
  • Insolvency Law firm of the year
  • Most Promising IP of the Year
  • Young Achievers Award of the Year in the Firm
  • Corporate Restructuring IP of the year
  • Insolvency and restructuring Firm of the year
  • Corporate Insolvency Litigation Firm of the Year

You are requested to solicit your nomination by filling in the details in the form attached. 


09.00 AM – 09.30 AM Registration and Tea/Coffee
09.30 AM – 09.45 AM Welcome Address and Introductions by Achromic Point
09.45 AM – 10.15 AM Keynote Address
10.15 AM – 11.00 AM Session 1: (Panel Discussion)
Mediation and IBC·         Currently there are no statutory provisions under the Code empowering the AA to refer parties for mediation

·         Various other statues providing for mediation and its success.

·         Cases like Parvinder Singh vs Intec Capital Ltd. and another 2020 (1)TMI 150 the NCLAT, on request of the parties appointed a mediator. This case was resolved without even appointing COC. Lokhandwala Kataria Construction Pvt. Ltd. vs. Nisus finance and Investment Managers LLP Civil Appeal No. 9279   of 2017 the Hon’ble Supreme Court allowed out of court settlement between the parties by using its powers under Article 142 of the Constitution since the Code does not provide power to the Courts to allow such settlement.

·         International Perspective- eg. case of Lehman Brothers who filed for Chapter 11 bankruptcy in US, Singapore jurisdictions etc.

·         The Mediation Bill of 2021 in India.

11.00 AM – 11.30 AM Session 2: (Individual Session)
IBC & Valuation
11.30 AM – 12.00 Noon Tea/Coffee Break
12.00 Noon – 12.45 PM Session 3: (Panel Discussion)
Key Issues and Recent Amendments

The Ministry of Corporate Affairs issued a discussion paper inviting public comments on further changes being considered. There are around 40 proposed changes to address various concerns identified in the last few years. While many are much awaited however few of them needs a revisit.Amendments:

·         MCA is considering an amendment to provide that the NCLT will only rely on the record of the default available with the IUs to determine if a default has taken place while considering insolvency applications under Sections 7 and 9.

·         MCA has suggested that the Code may be amended to segregate the concept of the resolution plan from the manner of distribution of proceeds

·         Direct dissolution of entity.

12.45 PM – 01.15 PM Session 4: (Panel Discussion)
Litigation Financing
·         Relevance of Third-Party Funding under IBC

·         Validity of Third-party litigation

01.15 PM – 01.45 PM Session 5: (Panel Discussion)
Future prospects/ reforms
·         The Cross Border Insolvency regime

·         Group Insolvency regime

·         Reverse Insolvency

·         Insolvency Against Personal Guarantors

·         Prepacks

01.45 PM – 2.30 PM Session 6: (Panel Discussion)

Forensic and Transaction Audit under IBC

·         Verification of Claims

·         Appointment of Forensic Auditor and Understanding the Forensic Audit Report and Transaction Audit Report by IP

·         Key Challenges and Benefits

02.30 PM – 02.45 PM Awards Distribution
02.45 PM Networking Lunch


Thought Leaders:



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Delegate Seat Type:

(+) or (-) to increase or decrease delegate numbers Number of Delegates
Per Seat Price 6,000.00
Total Delegates Total

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