To acquire knowledge of the legal, procedural and practical aspects of 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
1. Study Material Published by ICSI
2. Scanner: Arun Kumar (Suchitra Prakashans P Ltd)
3. Law of Insolvency-Avtar Singh(Eastern Book Company Lucknow)
4. Corporate Insolvency-Economic and Legal Perspectives-J.S Bhandari,Lawrence A Weiss
5. Guidance Note on Buy Back of Securities-ICSI Publications
6. Corporate Mergers, Amalgamations & Takeovers –J.C Verma (Bharat Publishing House New Delhi)
7. Amalgamations, Mergers, Takeovers, Acquisitions-Principles, Practices & Regulatory Framework-L.M Sharma (Company Law Journal)
8. Guide to Companies Act,-M.C Bhandari (Wadhwa& Company (Agra and Nagpur)
9. Strategic Planning Formulation of Corporate Strategy,-V.C Ramaswami & S Nama Kumari ( Macmilan India Ltd)