Advanced Certificate Course on the Insolvency and Bankruptcy Code, 2016 (SELF- PACED)
Unemployment, foreclosures, bankruptcy – the cure is not more government spending, but helping businesses create jobs. ~ Brian Sandoval
ABOUT THE COURSE
In recent years, India's banking sector struggled with huge amount of Non-Performing Assets (NPAs), leading to economic stagnation as companies declared insolvency instead of repaying loans. Depreciated assets left insufficient funds, and the previous legislative frameworks lacked effective revival mechanisms. This resulted in a surge in NPAs, affecting both domestic markets and foreign investments. To address this, the Insolvency and Bankruptcy Code (IBC) was enacted in 2016, consolidating the insolvency framework under a single law based on the UNCITRAL Legislative Guide.
This Certificate Course on the Insolvency and Bankruptcy Code, 2016, delves into the fundamentals of the IBC, explores the Corporate Insolvency Resolution Process (CIRP), and covers key institutions like the NCLT, NCLAT, and IBBI. This course will equip you with the knowledge and skills necessary to master the IBC. Join us in this journey to understand the law that is reshaping India's corporate landscape and fostering a culture of financial discipline!
COURSE OBJECTIVES
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To gain a comprehensive understanding of the IBC including its objectives, key concepts, and legal framework.
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To learn the detailed processes involved in the Corporate Insolvency Resolution Process (CIRP), from initiation to resolution and liquidation.
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To equip participants with the knowledge and skills needed for professional certification in insolvency law, enhancing career prospects in legal, financial, and corporate sectors.
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To learn the intricacies of the liquidation process, including asset management, distribution priorities, and the role of the liquidator.
Grow Your Vision
Fee: ₹600/-
Access to our high-quality SMART Notes essentially designed for the course.
Freelance project assistance.
SYLLABUS
Module 1: Introduction to Insolvency and Bankruptcy Code, 2016
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Evolution of Insolvency Laws in India
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Challenges with Pre-IBC Regime and the Need for IBC
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Overview of IBC, 2016: Objectives, Key Definitions and Structure
Module 2: Authorities and Enforcement Mechanisms under IBC, 2016
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Role of Adjudicating Authorities
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Role of the Insolvency and Bankruptcy Board of India (IBBI)
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Role of Insolvency Professional Agencies and Insolvency Professionals
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Role of Information Utilities
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Appellate Authorities and Few Important Case Analysis
Module 3: Corporate Insolvency Resolution Process (CIRP)
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Initiation of CIRP: Who can Initiate?
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Filing of Application and Admission by NCLT
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Committee of Creditors (CoC) under IBC: Constitution, Role, Powers and Duties
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Voting Mechanism and Decision-Making
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Pre-Packaged Insolvency Resolution
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Appointment and Role of Interim Resolution Professional and Resolution Professional
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Resolution Plan
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Fast-Track Resolution
Module 4: Liquidation Process under IBC
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Triggering Liquidation
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Role of Liquidator and Liquidation Estate
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Distribution of Assets and Priority of Claims
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Voluntary Liquidation of Corporate Person
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Interface with the Companies Act, 2013 and LLP Act, 2008
Module 5: Insolvency Resolution and Bankruptcy for Individuals and Partnership Firms
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Fresh Start Process
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Insolvency Resolution Process
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Bankruptcy Order
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Role of Bankruptcy Trustee in managing claims and Bankruptcy Estate
Module 6: Inspection and Investigation under IBC
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Powers of IBBI to Conduct Inspections and Investigations
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Consequences of Non-Compliance
Module 7: Cross-Border Insolvency and International Frameworks
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UNCITRAL Model Law on Cross-Border Insolvency
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Cross-Border Insolvency Mechanisms under IBC
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Case Studies and Global Trends in Cross-Border Insolvency
WHO SHOULD ATTEND??
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Individuals pursuing a law degree or recent graduates looking to enhance their practical skills in the Insolvency and Corporate Restructuring.
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Junior and Mid-Level Legal Practitioners
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Paralegals and Legal Assistants
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Legal Educators and Academicians
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Anyone interested in pursuing this course.
CERTIFICATIONS
The course bundle will provide 10 certifications in the following categories:
1. Corporate Insolvency Resolution Process (CIRP) under IBC
4. Resolution Plan
7.Committee of Creditors under IBC
2. Personal Insolvency
5. Insolvency Professional Agencies under IBC
8. Adjudicating Authorities and Appellate Tribunals under IBC
3. Liquidation Process under IBC
6. Cross-Border Insolvency
9. IBBI and Evolution
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10. Inspection and Investigation under IBC
Participants who successfully complete the course requirements, including assessments and assignments, will be awarded the above 10 certificates issued by ILW Institute. This recognition of your efforts and achievements will not only enhance your professional profile but also demonstrate your commitment to industry best practices.
FACULTY
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IN ASSOCIATION WITH...
