Corporate Insolvency

• Concept of Insolvency, Historical Developments

• History of Bankruptcy Laws in USA, UK and India

• Sick Companies and their Revival with Special Reference to the Law and

Procedure relating to Sick Companies

Securitization and Debt Recovery

• Overview of the Securitization and Reconstruction of Financial Assets and

Enforcement of Security Interest Act, 2002; Process; Participants

• Special Purpose Vehicle (SPV), Asset Reconstruction Companies (ARCs),

Qualified Institutional Buyers (QIB)

• Overview of the Recovery of Debts Due to Banks and Financial Institutions Act,1993

• Tribunal, Procedure; Compromises and Arrangements with Banks and Creditors

• Concept; Modes of Winding Up; Administrative Machinery for Winding Up

• Winding up Process and Procedure; Managing Stakeholders and Parties in

Liquidation; Conducting Meetings of Shareholders/Creditors; Dealing with

Contracts; Managing Estate

• Outsourcing Responsibilities to Professionals/Service providers such as Valuers, Security Agencies

• Best Practices in Performing Liquidation/Administrator Functions; Accountability and Liabilities; Role of Liquidators and Insolvency Practitioners

• Consequences of Winding Up; Winding Up of Unregistered Companies;

Dissolution

• UNCITRAL Model Law on Cross Border Insolvency

• UNCITRAL Legislative Guide to Insolvency Law

• World Bank Principles for Effective Insolvency and Creditor Rights

• Asian Development Bank Principles of Corporate Rescue and Rehabilitation

Bankruptcy under Chapter 11 of US Bankruptcy Code