Insolvency and Bankruptcy Code

Virtual Conference on Insolvency and Bankruptcy Code in India (IBC)

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Date and Time:

October 5, 2021 11:00 am - 1:00 pm

October 8, 2021 11:00 am - 1:00 pm

October 12, 2021 11:00 am - 1:00 pm

October 18, 2021 11:00 am - 1:00 pm

October 19, 2021 11:00 am - 1:00 pm

October 23, 2021 11:00 am - 1:00 pm

Event Location:

Online, India

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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 presents this Virtual Conference on Insolvency and Bankruptcy Code in India (IBC) on 5th, 8th, 12th, 18th, 19th & 23rd October, 2021. In this you will understand about the Corporate Insolvency Resolution Process, Corporate Insolvency Resolution Process, Issues, challenges and judgments, Cross Border Insolvency and much more.

Who should attend:

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

Thought Leaders:

  • Justice S. J. Mukhopadhaya
    Former Judge
    Supreme Court of India
  • Satwinder Singh
    Partner
    Vaish Associates Advocates

  • Sajeve Deora
    Director
    Integrated Capital Services
     
  • Gaganpreet Puri
    Managing Director, Risk & Regulatory Leader
    Alvarez & Marsal 
  • Anil Goel
    Founder Chairman
    AAA Insolvency Professionals LLP
  • Shreyas Jayasimha
    Advocate | Arbitrator | Mediator
    Aarna Law (India)
    Simha Law (Singapore) 
  • NPS Chawla
    Associate Partner
    Vaish Associates Advocates

  • Himanshu Srivastava
    Partner, Business Advisory Services
    & Head – Japan Practice
    ASA & ASSOCIATES LLP
  • Adwaita Sharma
    Advocate and Secretary
    UNCITRAL National Coordination Committee India (UNCCI)

  • Sujoy Datta
    Principal Associate
    Vaish Associates Advocates

  • Surekh Kant Baxy
    Senior Associate
    Vaish Associates Advocates

Brochure: IBC_V18

Event Timelines

1
5th October, 2021 11.00 AM- 01.00 PM
Session 1: Overview of Insolvency and Bankruptcy Code, 2016 (“IBC/ Code”) In India
• History (amendments, judgments)
• Corporate Insolvency Resolution Process with timelines and landmark judgments. (including Moratorium and Public Announcement, Appointment of IRP etc)
• Key definitions with landmark judgments.
• Code vis-a-vis SARFAESI, RDBA?
Overriding impact of Code vis-à-vis RERA, PMLA, Arbitration Act, Limitation Act
2
8th October, 2021 11.00 AM- 01.00 PM
Session 2: 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.
3
12th October, 2021 11.00 AM- 01.00 PM
Session 3: Liquidation (including Voluntary Liquidation), Fast track Insolvency Resolution Process and Personal Insolvency
• Introduction
• key definitions
• Insolvency Process
• Liquidation of Corporate Debtor as a Going Concern
• Issues, challenges and judgments
4
18th October, 2021 11.00 AM- 01.00 PM
Session 4: Forensic / Transactional Auditing under the Code
• What is Forensic and Transactional Auditing
• Relevant sections 29 (a), 43, 45, 49, 50,66, 65, 5 (24)
• Process of Auditing (including qualifications and appointment of auditors, transaction audit process, reporting by forensic auditor, limitations etc.)
• Judgments
5
19th October, 2021 11.00 AM- 01.00 PM
Session 5: Drafting and other issues. Defending / formulating strategies.
• Jurisdiction of NCLT, NCLAT and High Court
• Drafting of Demand Notice
• Drafting of Petition under section 7, 9 and 10
• Date of Debt & Date of Default
• Admission of petitions.
• Grounds of Rejection of Petitions.
• Issue of Limitation.
• Pecuniary limit for initiating the Code.
• Other legal issues
6
23rd October, 2021 11.00 AM- 01.00 PM
Session 6: (60 Minutes ) Presentation followed by Panel Discussion

Cross Border Insolvency/ Group Insolvency/ Pre Packs
• 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
Sorry, Event Expired

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