Capacity building of Professionals in the area of legal, procedural and application oriented aspects of Corporate Restructuring, Oppression & Mismanagement, and Compounding of Offences is essential under the regulatory framework provided under Companies Act 2013. In this context, National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT) have larger role to play as regulator, replacing Company Law Board (CLB), High Courts, Board for Industrial and Financial Reconstruction (BIFR) and the Appellate Authority for Industrial and Financial Reconstruction (AAIFR). Besides, NCLT has vital role to play in other areas such as Inquiry and Investigation, Derivative actions, Reduction of Capital and so on.
Further, recently in December, 2016 the Insolvency and Bankruptcy Code 2016 (IBC) has been notified. IBC would consolidate the laws relating to reorganization and insolvency of corporate persons, partnership firms and individuals in a time-bound manner. Under IBC, the role of NCLT,Insolvency and Bankruptcy Board of India (IBBI), Insolvency Professionals and other intermediaries is worth examining. For resolution of various disputes under the Companies Act, 2013 there are provisions for constitution of Special Courtsand Mediation and Conciliation Panel. Very recently, the Ministry of Corporate Affairs has notified some courts in various States as designated Special Courts under the Act.
Below Mentioned Questionaire will be resolved in light of Expert Guidance.
INSOLVENCY AND BANKRUPTCY CODE, 2016 (IBC) -FAQS
1. Session One
• Historical Journey of Insolvency and Bankruptcy Law.
• NCLT-Consolidation of Corporate Jurisdiction.
2. Session Two
• Transition from Company Law Board to NCLT.
• Transition from BIFR to NCLT.
• NCLT – A game changer for Oppression & Mismanagement Cases.
• Newer Jurisdiction of NCLT under the Companies Act, 2013.
• Powers of NCLT.
• NCLT Rules – Key take aways.
3. Session Three
• Birds Eye view of Insolvency and Bankruptcy Code, 2016 (IBC).
• History and Future of Insolvency and Bankruptcy Regime.
• Key Provisions of IBC.
4. Session Four
• Institutional Framework of IBCthe Code.
• Establishment and Role of Insolvency and Bankruptcy Board of India.
• Regulation of Intermediaries (Insolvency Professionals, Insolvency Professional Agencies and Information Utilities).
• Role of NCLT and NCLAT under the Code.
8:00 am - 8:30 am
Morning Session Begins
10:30 am-11:00 am
Morning Session Continues
1:00 pm-2:00 pm
Afternoon Session Begins
Afternoon Refreshment & Networking
3:30 pm - 4:00 pm
Banking Professionals, Insolvency Professionals, Corporate Lawyers, General Counsels, Directors, Chartered Accountants, Company Secretaries, Compliance Officers, Governance Professionals, Entrepreneurs.
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