1 January 2020

13 April 14 April & 15 April 2020 (Monday to Wednesday)

Deepak Biswas Sneha Herwade Shilpa Gamnani

External Insolvency and Bankruptcy Code, 2016

Beginning with the insolvency laws and restructuring prior to Insolvency and Bankruptcy Code, 2016 (IBC), the participants were given an insight on the importance and evolution of IBC. All the fundamental concepts/ definitions were explained along with relevant judgements to track the amendments and the legislative intent behind the amendments. Subsequent to this, the participants were taken through the procedural aspects of (i) Filing applications for initiating Corporate Insolvency Resolution Process (CIRP); (ii) CIRP and the conduct of CIRP by interim resolution professional/ resolution professional and committee of creditors; (iii) Fast-track CIRP; and (iv) Liquidation process. The most controversial Section 29A of IBC pertaining to eligibility criteria of a resolution applicant and interplay between IBC and PMLA were among the other aspects that were covered in the session.

13.04.2020 – https://us02web.zoom.us/rec/share/7u9ZH7zwynFLE7PO2EHufbwuFbz3aaa8gCNIq_MEzU5kptnKF_6c9geo2tpjNR49?startTime=1586758160000 14.04.2020 – Not available 15.04.2020 - https://us02web.zoom.us/rec/share/ot5eFLrPzG5OS7fJzVnaf_QPJYu1X6a8gyVLrvpezk7wCbbmtIqOxr7Cj8cJx23N?startTime=1586933978000