Event Date

INDIA - 05/10/2021 - 23/10/2021

Event Description

Virtual Conference On Insolvency And Bankruptcy Code In India (IBC)

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, 7th, 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
·         InsolvencyProfessional
·         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
 

  • CA. 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
 

Event Agenda

 Agenda:

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
7th 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.
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
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
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
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

Date

05/10/2021 - 23/10/2021

Time

Opening Day Time: 11:00 am - 1:00 pm
Closing Day Time: 11:00 am - 1:00 pm

Venue

Online

Brochure

Download Link : IBC_V17.pdf

Registration Fees

INR 2,000.00

Event Calender

September 2021 October 2021 November 2021