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.
PROFILE OF GP MADAAN
Managing Partner, Madaan Law Offices, Advocates & Solicitors
Vice-President, Insolvency Practitioners Bar Association
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 32 years in the Corporate Legal, Secretarial, Capital Markets, Financial and Managerial Disciplines. He is Managing Partner of Madaan Law Offices, Advocates & Solicitors. The 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. Since 2012 he has been Co-Chairman of National Council for Mergers & Acquisitions of ASSOCHAM besides being member of the following:
(a) Member of ICSI Task Force on NCLT.
(b) Member of Monitoring Committee of ICSI Institute of Insolvency Professionals.
(c) Registered Insolvency Professional with Insolvency and Bankruptcy Board of India.
(d) Task Force of Society of Insolvency Practitioners of India (SIPI)
(e) Member-Secretarial Standards Board (SSB) of ICSI since 2012
(f) National Council for Corporate Laws, Corporate Governance and CSR of ASSOCHAM since 2011
(g) National Council for Capital Markets of ASSOCHAM since 2012
(h) National Council for Corporate Frauds of ASSOCHAM since 2014
(i) Corporate Affairs Committee of PHD CHAMBER OF COMMERCE AND INDUSTRY (PHDCCI)
(j) Capital Market Committee of PHDCCI
(k) Banking Reforms Committee of PHDCCI
(l) Area Advisory Board of Amity University
(m) Vice President (Company Law) & Executive Committee Member of Bhartiya Vitta Salahakar Samiti
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 many workshops on orientation of Boards and Senior Managementon 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.
Domains of expertise include the following practice areas and sectors:
• 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