The Insolvency and Bankruptcy Code 2016 (IBC) has achieved many milestones by hugely impacting the debtor-creditor relationship in the country and has improved the credit culture in the corporate sector. The Code has emerged as a one-stop solution for most of the default related issues in the corporate and banking sector. It is acting as panacea for most of the debt-default related problems by resolving the insolvency of the corporate entities. The strict timelines under the Code have led to timely resolution of the insolvency or liquidation of many defaulting companies with a view to maximize the value of the assets of such corporate debtors. In January, 2019, the Supreme Court in Swiss Ribbons case has upheld the constitutional validity of the Code and has said that “The experiment conducted in enacting the Code is proving to be largely successful. The defaulter’s paradise is lost. In its place, the economy’s rightful position has been regained.”
On 25th July, 2019, IBBI has amended CIRP Regulations, IP Regulations and IU Regulations. The Govt. has also introduced IBC (Amendment) Bill, 2019 in Parliament last week which has ben passed by Rajya Sabha.
With this background, Bloomasia Inc is organizing this training workshop to educate and update the participants on the nuances of the Insolvency and Bankruptcy Code 2016 with the help of various judicial pronouncements.
Managing Partner, Madaan Law Offices, Advocates & Solicitors
Vice-President, Insolvency Practitioners Bar Association
Registered Insolvency Professional
Managing Committee Member, PHD Chamber of Commerce & Industry
G P Madaan, an alumnus of Shri Ram College of Commerce (DU), Law graduate from Campus Law Centre (DU), fellow member of ICSI, besides holding diplomas in Labour Laws and Corporate Laws & Management has vast practical experience of over 34 years in the Corporate Legal, Secretarial, Capital Markets, Financial and Managerial Disciplines. His law firm specialises into Corporate Legal Advisory, Arbitration and Litigation (High Courts and NCLT).
He has been Chairman of Institute of Company Secretaries of India – Northern Region in 2005. For the years 2012-18, he was Co-Chairman of National Council for Mergers & Acquisitions of ASSOCHAM.
He has also been member of the following:
(a) Task Force of Society of Insolvency Practitioners of India (SIPI)
(b) Member-Secretarial Standards Board (SSB) of ICSI for 2012-19
(c) National Council for Corporate Laws, Corporate Governance and CSR of ASSOCHAM for 2011-18
(e) National Council for Capital Markets of ASSOCHAM for 2012-18
(f) National Council for Corporate Frauds of ASSOCHAM in 2014
(g) Corporate Affairs Committee of PHD CHAMBER OF COMMERCE AND INDUSTRY (PHDCCI)
(h) Capital Market Committee of PHDCCI
(i) IBC Committee of PHDCCI
(j) Banking Reforms Committee of PHDCCI
(k) Area Advisory Board of Amity University
(l) Vice President (Company Law) & Executive Committee Member of Bhartiya Vitta Salahakar Samiti
(m) Adjunct Faculty, Indian Institute of Corporate Affairs
(n) World Bank-IBBI trained Trainer
He has written various articles on different subjects for professional magazines and web portals. He has addressed many Conferences and Seminars organized by various Professional Bodies, Industry Associations, Chambers, Ministries, Universities, Management Institutions and Regulators. He has also conducted and addressed more than 300 workshops on orientation of Boards and Senior Management on diversified subjects prominent being Companies Act, Corporate Governance, Board Practices & Procedures, CSR, Independent Directors, LODR, Prevention of Sexual Harassment at Workplace, NCLT and Insolvency & Bankruptcy Code, 2016.
In more than 40 cases under IBC, 2016, he has acted as Legal Counsel and Advisor to many Corporate Debtors, Financial Creditors and Operational Creditors, Resolution Applicants. He has also represented many clients in various meetings of Committee of Creditors.
Domains of expertise include the following practice areas and sectors (litigation and advisory):
• Insolvency and Bankruptcy Laws
• Company Law
• Other Corporate Laws
• Securities and Capital Market Laws
• Dispute Resolution – Litigation, Commercial Arbitration, Mediation and Conciliation
• Legal Drafting & Vetting
• Real Estate – Investments, Exits, Due-Diligence and Advisory
• Consumer Affairs
• Historical Journey of Insolvency and Bankruptcy Law.
• NCLT-Consolidation of Corporate Jurisdiction.
• Birds Eye view of Insolvency and Bankruptcy Code, 2016 (IBC) .
• History and Future of Insolvency and Bankruptcy Regime .
• Key Provisions of IBC.
• Institutional Framework of IBCthe Code.
• Establishment and Role of Insolvency and Bankruptcy Board of India.
• Regulation of Intermediaries (Insolvency Professionals, Insolvency Professional Agencies, Insolvency Professional Entities and Information Utilities).
• Corporate Insolvency Resolution Process (CIRP) and Fast Track CIRP.
Discussion in all the sessions shall be based on the landmark rulings of NCLT, NCLAT and Supreme Court under Insolvency and Bankruptcy Code, 2016
Banking Professionals, Insolvency Professionals, Corporate Lawyers, General Counsels, Directors, Chartered Accountants, Company Secretaries, Compliance Officers, Governance Professionals, Entrepreneurs,
*Additional GST of 18% is applicable.
|Hard Copies & Soft Copies of Training Materials, Breakfast, Lunch, Evening Snacks, Certificate of Attendance.||India||35000 INR + tax per delegate|
*Additional GST of 18% is applicable.
Very Good Conference, Excellence hold on content delivery & speakers were very highly knowledgeable.
Absolutely Useful as many doubts have been clarified
Got a Birds Eye view on NCLT & IBC
The workshop was extremely useful. It has immensely enriched the knowledge & understanding of the subject IBC & NCLT
Very good Delivery & thoughts in extremely simple language
It gave me an insights into the law & practices being followed by the Tribunal & appellate Authority
Very Useful event
Substantial supported by illustrations presentation, It gave a lucid view of IBC