Achromic Point

Description

Achromic Point and BRICS CCI along with our knowledge partner Sastra Legal and institutional partner IIA – India would like to invite you for our upcoming seminar on “Insolvency and Bankruptcy Code 2016” scheduled in New Delhi on 3rd March 2017 at India International Centre (Multi-purpose Hall), New Delhi.

Timing of the seminar :- 9:30 AM to 4:30 PM

The Seminar will give the opportunity to understand:-

• The depth on insolvency and bankruptcy code 2016.
  ·         Role and opportunities of insolvency professionals.
  ·         Corporate insolvency resolution & liquidation process.

Topics Being Covered

o   BANKRUPTCY FOR CORPORATE

• Insolvency resolution process
• Initiation of corporate insolvency resolution process by (i) Financial/Operational Creditor and (ii) Corporate Applicant
• Introduction of moratorium
• Priority of claims and the bankruptcy code; rights of secured

o   BANKRUPTCY FOR NON-CORPORATE AND INDIVIDUALS

• Going for a fresh start order
• General duties of debtor
• Proof of debt
• Bankruptcy order – Application, Effect, Administration and distribution of estate 

o   LIQUIDATION PROCESS

• Claims-Verification, Consolidation, Admission and Rejection
• Appeal against liquidator’s decision
• Secured creditor – in liquidation proceeding
• Fast track insolvency resolution process
• Voluntary liquidation

o   INSOLVENCY PROFESSIONALS

• Roles and obligations
• Bankruptcy trustee – Roles and functions
• Liquidator

 o   CONTENTIOUS ISSUES UNDER THE INSOLVENCY AND BANKRUPTCY LAW

• Cross border insolvency
• Issues with Information Utilities
• Implementation problems
• Constitution and working of NCLT and DRT
• Rights of secured and unsecured creditors in the priority of waterfall

 o   VALEDICTORY SESSION

Speakers:

• Hon’ble Mr. Justice Arjan Kumar Sikri   – Supreme Court

• A.S. Chandhiok   – President, Insol India 
• Lalit Bhasin         – President, Society of Indian Law Firms &                                                                                                              Managing Partner, Bhasin & Co.
• Sajeve Deora        – Director, Integrated Capital Services – Delhi, India
• Hemant Sharma – Partner, Sastra Legal
• Pulkit Gupta         – Director, Restructuring & Turnaround Services