Session on Experience of Last 2 Years of Insolvency Resolution Process under IBC 2016 - Insight and challenges- December 1, 2018
Event Detail
Insights and challenges on Saturday December 1, 2018
Experience of Last 2 Years of Insolvency Resolution Process under IBC 2016 – Session on
Why This Session…
The Insolvency and Bankruptcy Code, 2016 was a much longed-for law to transcend the existing framework dealing with insolvency of corporates, individuals, partnerships and other entities. The IBC paves the way for much needed reforms while focussing on creditor driven insolvency resolution. The session intends to review on its last 2 years Journey and to discuss on the challenges faced by NCLT/ Corporate debtors/ independent resolution Professional/ operational & financial creditors.
With a strict 180+90 days ‘resolve-or liquidate’ diktat, the Law has received commendation not only from the Indian Industry but also the global fraternity has given a hands-up to the law.
The Legislation offers a uniform and comprehensive insolvency resolution mechanism. The apprehension of losing control over their companies has prompted various promoters to settle or resolve their dues; which presents a huge opportunity for investors. Going forward, the Insolvency legislation should become a significant catalyst for improving debtor behaviour.
In this backdrop Bangalore Chamber of Industry and Commerce (BCIC) in association with Institute of Company Secretaries of India, Bangalore Chapter is organizing a full day session on the Experience of Last 2 Years of Insolvency Resolution Process Under IBC 2016 – Insight and Challenges.
The details of the program are as follows:
| Topic | IBC 2016 |
| Specific Topic | Insolvency Resolution Process-Insights and Challenges |
| Date | Saturday, December 1, 2018 |
| Time | 9.30 am (Registration Begins at 9.00 am) |
| Venue | Hotel ITC Windsor Manor, Sankey Road, Bangalore |
Agenda
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Objective
The main objective of this knowledge sharing session is to provide a comprehensive insight into the constitution of the Insolvency resolution mechanism and also extensively deliberate threadbare on the rules and regulations governing the law.
Speaker
Dr. M. S. Sahoo, Chairman, Insolvency & Bankruptcy Board of India has kindly consented to inaugurate the programme.
Other Speakers include:Shri Rajeshwar Rao Vittanalla, Hon’ble Member Judicial National Company Law Tribunal (NCLT)
Shri Gopalakrishna Hegde, Central Council, Institute of Company Secretaries of India
Dr. KS Ravichandran, Managing Partner, KSR & Co Company Secretaries LLP
Mrs. Chithra Nirmala, Deputy General Manager, Legal SBI
Mr. K V Omprakash, Corporate Lawyer, Conscientia Law Associates
Mr. N Venkatakrishnan, Chairman, Banking, Finance and Corporate Affairs Expert Committee,
Ms Radhika Merwin, Deputy Managing Editor, The Hindu Businessline
Mr. Neeraj Dubey, Partner, Lakshmi Kumaran
Mr. Mohammed Yavar Dhalla, Managing Director, Forward Leather Shoes, Chennai
Speaker from Insolvency and Bankruptcy Board of India (IBBI)
Speaker from Serious Fraud Investigation Organisation (SFIO)
Speaker from The National E Governance Services Limited (NSEL)
Speaker from Institute of Company Secretaries of India (ICSI)
Speaker from CRISIL
Speaker from Big4
Topics & Takeaways
Challenges in shaping role of Resolution Professionals
Challenges in the IBC and possible solution for faster resolution
Role of SFIO on IBC references
How IBC can be strengthened to be more effective and time bound
Decoding IB Code Ecosystem
Procedural and Practical aspects
IB Code: India comparable to other countries
Speedy resolution of insolvency in the new regime
Roles of Financial & Operation Creditors and Insolvency & Bankruptcy Board
Implementing Resolution Plan including the Liquidation Process
NCLT role as an adjudication authority
Who Should Attend
Law and Corporate firms, Company Secretaries, Legal and Tax Consultants and Technical Agencies, CEOs, CFOs, Managerial Heads of Finance Divisions, Managers, Law Students…
Delegate Fee:Rs. 2,500/- per delegate Inclusive of 18% GST; The Cheque/DD should be drawn in favour of “Bangalore Chamber of Industry and Commerce” 10% discount for companies sending 3 or more participants PAN Number AAATT6462H GST Number AAATT6462H1Z4 Bank Name STATE BANK OF INDIA Bank Account No 10977255636 IFSC Code SBIN0060133 Cheque/DD to be drawn in favour of Bangalore Chamber of Industry and Commerce Registration
The Seminar will commence at 9.30 am (Registration: 9.00 am-9.30 am)
Kindly send us your confirmation to the mail id: bcicevents@bcic.org.in
Thanking you and looking forward to your support and participation in making the programme a fruitful and eventful one.