Dear Sirs,
Conference on Insolvency and Bankruptcy Code 2016
1015 hrs: Friday, 24 March 2017: Sofitel, Bandra Kurla Complex, Bandra East, Mumbai-400051
The Insolvency and Bankruptcy Code, 2016, a landmark legislation consolidating the regulatory framework governing the restructuring and liquidation of persons (including incorporated and unincorporated entities) was enacted into law by the Parliament on 11 May 2016 in the backdrop of the turmoil in the financial sector. The Code will enable prompt action in the early stages of debt default by a firm, maximising the recovery amount in a time-bound manner and will extend to individuals, companies, limited liability partnerships and partnership firms. It will also help creditors recover loans faster.
The Insolvency and Bankruptcy Board of India constituted on 1 October 2016 under the Chairmanship of Dr MS Sahoo, is empowered to frame regulations on matters pertaining to insolvency and bankruptcy. In the code, the role of the existing infrastructure of National Company Law tribunals and debt recovery tribunals to address corporate insolvency and individual insolvency, respectively, is emphasized upon.
Against this backdrop, CII is organizing a Conference on Insolvency and Bankruptcy Code 2016 on Friday, 24 March 2017, at Sofitel, Bandra-Kurla Complex, Mumbai – 400051. The conference will be a highly intensive and interactive session with various stakeholders, and would aim to review the relevant details of the code in the context of building ecosystem for the Insolvency and Bankruptcy code 2016.
Key Takeaways
· Implementation of the Insolvency and Bankruptcy code 2016
· Bringing Debtors and Creditors on a common platform ensuring effective resolution
· Impact analysis of bankers, corporate, SMEs and individuals
· Discussion on easy exit option for insolvent and sick firms
Sessions
· Inaugural Session on Policy Dimension
· Technical Session on the new legal framework to insolvency resolution
· Keeping Pace with New IBC Code: Learnings and experience so far
· Impact of insolvency law on various stake holders
Target Audience
CEOs & CFOs, Company Secretaries, Chartered Accountants, Finance & Tax Professionals, Corporate, Cost Accountants, Professional Advisers, Law Firms & Consultants, Asset Reconstruction Companies, Financial Institutions
Key Speakers
· Dr M S Sahoo, Chairperson, Insolvency and Bankruptcy Board of India
· Mr R Umarji, Member, Bankruptcy and Law Committee
· Mr Bhupender Yadav, Member of Parliament, GoI & Chairman, Joint Committee on the Insolvency and Bankruptcy Code, 2016
· Mr Rajnish Kumar, MD-National Banking Group, SBI
· Mr Shardul S. Shroff, Executive Chairman, Shardul Amarchand Mangaldas
· Mr Vinayak Bahuguna, Managing Director, Asset Reconstruction Company (India) Ltd.
· Mr Rajesh Mokashi, Managing Director & CEO, Credit Analysis & Research Ltd.
· Mr Nikhil Shah, Managing Director, Alvarez & Marsal India
· Mr Abizer Diwanji, Partner and National Leader - Financial Services, Ernst & Young LLP
· Mr Devendra Prasad, CGM, SBI
· Mr Vijay Maheshwari, Director, Sumedha Fiscal Services Ltd.
· Mr Krishnava Dutt, Managing Partner, Argus Partners
· Mr Anurag Das, Managing Partner, Rain Tree Capital
· Mr Harish Chander, EVP, Edelweiss Asset Reconstruction Company Limited
· Mr Tamal Bandyopadhyay, Consulting Editor, Mint & Advisor, Bandhan Bank Ltd.
Sumedha Fiscal Services Limited is the Technical Partner for the event.
I am writing to cordially invite you to participate in this Conference. Tentative agenda and Registration Form are attached herewith.
We look forward to your positive response.
Thanks and regards,
BS Rathi
Director
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