Description
Taxmann Publications Resolution Of Stressed Assets With Special Emphasis On Insolvency And Bankruptcy Code, 2016 For Bankers by M R UMARJI IIBF
Unique Book for Bankers on Insolvency & Bankruptcy Laws | Knowledge Partner - Insolvency & Bankruptcy Board of India
This book is a unique book for Bankers, on resolution of stressed assets with a special emphasis on Insolvency and Bankruptcy Code, 2016 (‘IBC’).
The Present Publication, authored by Mr. M.R. Umarji (former Executive Director, RBI and former Chief Advisor – Legal, IBA), incorporates the following contents:
· Module A: Overview of Credit Recovery and Insolvency Laws in India
o Credit Recovery Laws for Banks
o Evolution of Insolvency and Bankruptcy Code
· Module B: Evolution & Practice of Insolvency and Bankruptcy Code
o Bankruptcy Laws – Cross Country Experience
o Structure of the IBC
· Module C: Corporate Insolvency Resolution Process (‘CIRP’)
o Initiation of CIRP
o Commencement of CIRP
o Roles and Duties of CIRP
o Catalyzing Successful Resolution Plan
o Fast Track CIRP
o Failure of CIRP or Business: Liquidation & Voluntary Liquidation
· Module D: Insolvency Resolution Process for Non-Corporate Entities
o Insolvency Resolution process for Individuals and Firms
· Module E: Other Important Provisions/Matters
o Adjudication, Appeals, Offences & Penalties
o Regulatory & Miscellaneous Aspects
o Important Case Laws
· Appendix
o Appendix I | Application to Adjudicating Authority: Formats for Applications
o Appendix II | RBI Circular on Prudential Framework for Resolution of Stressed Assets, Dated – 07-06-2019