Insolvency Bankruptcy Code, 2016 with the Latest Amendments

About Event

Insolvency and Bankruptcy Code of 2016 has been a game-changer for the Indian economy. It has brought in transparency, efficiency, and creditor-centricity to the insolvency resolution process. The IBC has not only improved the recovery rates for creditors but also facilitated the revival of distressed companies, preserving economic value and safeguarding jobs. Despite the challenges, the IBC has laid a strong foundation for a robust and dynamic insolvency framework in India, fostering investor confidence and promoting a healthy business environment.

Since its enactment in 2016, the IBC has had a significant impact on the Indian economy. The law has helped to reduce the number of unresolved insolvency and bankruptcy cases and has provided a more efficient and streamlined framework for the resolution of distressed assets. The IBC has also helped to improve the health of the banking sector by reducing the number of NPAs and promoting a culture of responsible lending.

This workshop is designed for professionals like you who seek to stay ahead of the curve and enhance their expertise in the dynamic field of debt resolution. Led by industry experts and bolstered by real-life case studies, our workshop will provide you with the knowledge and insights necessary to navigate the intricacies of the IBC effectively.

Seize this exclusive opportunity to deepen your understanding of the IBC and position yourself as a leader in the field of debt resolution. Limited seats are available, and we encourage you to secure your spot today by registering now.

During this intensive training, you will have the opportunity to:

• Gain insights into the IBC’s inception and its impact on India’s economic landscape.
• Understand the intricacies of filing applications before the NCLT by different stakeholders, including financial creditors, operational creditors, and corporate debtors.
• Explore the nuances of the CIRP and learn best practices for successful resolution.
• Examine the costs involved in the insolvency resolution process and strategies to manage them effectively.
• Grasp the crucial role of the Committee of Creditors, its powers, responsibilities, and the voting process in decision-making.
• Master the art of drafting viable and feasible resolution plans that stand a greater chance of approval.
• Dive into the legal framework of Section 29A, understanding the eligibility criteria for resolution plan submission.
• Gain insights into the approval process by the Committee of Creditors and the NCLT, and the challenges encountered during plan implementation.
• Understand the liquidation process and the intricacies involved in liquidation process.
• Unravel the waterfall mechanism under Section 53 of the IBC, defining the order of priority in distribution of assets.
• Discover the process of invoking guarantees offrom personal guarantors to corporate debtors.
• Explore the pre-packaged insolvency resolution process (PPIRP) and its advantages.

Gain insights into the evolution of the IBC through significant judicial pronouncements: Clarity on Ambiguous Issues: The Judicial Pronouncements often address complex and ambiguous issues that have remained unresolved. Attending our Masterclass will help you gain clarity on these complex issues as our expert speakers will provide detailed explanations, interpretations, and insights, ensuring that you have a solid grasp of the nuances involved.

Knowledge Partner

(A Wardee of best Insolvency Litigation Firm of the Year for two consecutive years)

Banking Professionals, Insolvency Professionals, Corporate Lawyers, General Counsels, Directors, Chartered Accountants, Company Secretaries, Compliance Officers, Governance Professionals, Entrepreneurs,

From all across industries

*Additional GST of 18% is applicable.