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Full Day Seminar On ‘Insolvency And Bankruptcy Law – Emerging Issues, Challenges and Professional Opportunities’

Full Day Seminar On ‘Insolvency And Bankruptcy Law – Emerging Issues, Challenges and Professional Opportunities’

Chairman :

R. P. Garg

Co-Chairman : Suhit Aggarwal
Immediate Past Chairman : C. S. Mathur
Hon. Jt. Secretaries : Vijay Gupta, Sapna Gupta (Ms.)
Hon. Treasurer : Harish Kumar
Advisor : V. P. Verma

 

Day & Date : Saturday, 27th August, 2016
Time : 10.00 a.m. to 4.30 p.m.
Venue : India International Centre, Lecture Room I, Annexe Building, Dr. K. K. Birla Lane, Max Mueller Marg, Lodhi Estate, New Delhi-110 003
Please note that registration will start at 9.30 a.m. with first session from 10.00 a.m. You are requested to be in time to complete the registration formalities.

Bankruptcy law has been introduced in India to play an important role in limiting the risks of credit. In every loan, lenders face a risk of non-repayment. This Code will not only affect lenders but also financial institutions and various companies. The effects of the advent of the Code seem to be far reaching in terms of opportunity to professionals, giving scope to act as resolution professional.

There is a misconception that Bankruptcy Code is only for the purpose of insolvent entities, which is a myth. Bankruptcy Code works equally well for healthy entities wanting to opt for a voluntary winding up. Earlier, this mode was not preferred due to slow proceedings causing delay and failing to serve the purpose. The Bankruptcy Code has brought into the picture moratorium provisions; also, the priority of the secured creditors gets affected.

With Bankruptcy Code brought into the picture, the procedures will be far tighter and actions will be faster than before. Moreover with the NCLT being constituted and several sections of the Companies Act, 2013 being made effective, it is important for us to take an early lead and to add it as a positive advantage so as to have a seamless progress with the transition.

In view of above, the professionals whether in Industry or Profession are required to gain an understanding of various peculiar terms and conditions in the Insolvency and Bankruptcy Law.

Delhi Chapter of Chamber of Tax Consultants in its endeavour to constantly upgrade skills of its members and other professionals is coming out a full day programme on Saturday, 27th August, 2016 on Insolvency and Bankruptcy Law.

The detail agenda of the programme is an under:

Sr.
No.
Topics Speakers
1 Bankruptcy for corporate
  • Insolvency resolution process
  • Initiation of corporate insolvency resolution process by
    (i) Financial/Operational Creditor; and (ii) Corporate Applicant
  • Introduction of moratorium
  • Priority of claims and the bankruptcy code; rights of secured
    creditors
Mr. Vinod Kothari
Managing Partner
Vinod Kothari & Co.
2 Liquidation process
  • Claims-Verification, Consolidation, Admission and Rejection
  • Appeal against liquidator’s decision
  • Secured creditor – in liquidation proceeding
  • Fast track insolvency resolution process
  • Voluntary liquidation
 
3 Bankruptcy for non-corporate and individuals
  • Going for a fresh start order
  • General duties of debtor
  • Proof of debt
  • Bankruptcy order – Application, Effect, Administration and
    distribution of estate
 
4 Insolvency professionals
  • Roles and obligations
  • Bankruptcy trustee – Roles and functions
  • Liquidator
 
5 Miscellaneous
  • Bankruptcy vs. SARFAESI
  • Effects of bankruptcy on debtor
  • Effects of bankruptcy on creditor
  • Offences and penalties
 
  Contentious issues under the Insolvency and Bankruptcy Law
  • Cross border insolvency
  • Issues with Information Utilities
  • Implementation problems
  • Constitution and working of NCLT and DRT
  • Rights of secured and unsecured creditors in the priority of waterfall
Mr. Atul Sharma
Managing Partner
Link Legal India Law Services

 

Who should attend?

Chartered Accountants, CFOs, Senior Executives handling Finance and Tax functions, Corporate/General/In-house Counsel, Company Secretaries, Cost Accountants, Professional Advisers, Law Firms & Consultants, Tax Professionals

Fees:

For Members of CTC
(Life/Associate/Ordinary)
: Rs. 1,044/- + Service Tax Rs. 146/- + Swachh Bharat Cess Rs. 5/- + Krishi Kalyan Cess Rs. 5/-=Rs. 1,200/-
For Non-members : Rs. 1,391/- + Service Tax Rs. 195/- + Swachh Bharat Cess Rs. 7/- + Krishi Kalyan Cess Rs. 7/-=Rs. 1,600/-
For Students : Rs. 696/- + Service Tax Rs. 98/- + Swachh Bharat Cess Rs. 3/- + Krishi Kalyan Cess Rs. 3/- =Rs. 800/-

(Fees includes Tea/Coffee, Snacks and Lunch)

Payment may be made by Cheque in favour of ‘The Chamber of Tax Consultants’, and sent to the Delhi Chapter of The Chamber of Tax Consultants, 1A-D, Vandana Building, 11 Tolstoy Marg, New Delhi - 110 001.

You can also remit the money online to our account through NEFT, as per bank details provided below.

Saving Bank Account Number

126010100241359

Name and address of the bank

Axis Bank Ltd.
Branch Address:
Lajpat Nagar, New Delhi (DL), New Delhi-110024

Name of Beneficiary

The Chamber of Tax Consultants

NEFT/RTGS Code

UTIB0000126

Please ensure that UTR No. along with payment particular is forwarded to us by e-mail at the address This email address is being protected from spambots. You need JavaScript enabled to view it. .

Please make sure to block your calendar accordingly

For any query on registration and further detail, please contact Ashwani Kumar (Mob. 9891677316, This email address is being protected from spambots. You need JavaScript enabled to view it. ).

Interested members please click here for download the Enrollment Form or may download the "form” from Chamber's website www.ctconline.org or may collect it from Chamber's office and send it along with the cheque. Outstation members are requested to send DD/at Par Cheque. Visit website : www.ctconline.org for ONLINE PAYMENT

 

Event Properties

Event date: 27-Aug-2016 10:00 am
Event End Date: 27-Aug-2016 4:30 pm
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