Insolvency and Bankruptcy Code 2016 in association with Trilegal and BDO.
The Norwegian Business Association India presented – Insolvency and Bankruptcy Code 2016 in association with Trilegal and BDO.
India’s Insolvency and Bankruptcy Code
India’s Insolvency and Bankruptcy Code came into law in May 2016. The Code represented a radical change in India’s insolvency laws and promised to offer onshore and offshore creditors alike a streamlined method of dealing with insolvent companies and a platform to undertaking debt restructurings.
Almost two years later, we still ask the question, how is it working?Members were invited to listen to BDO and Trilegal and discuss how the Code has been implemented in practice, including:
- Introduction to the Insolvency and Bankruptcy Code (IBC), 2016
- Features of the Code
- Process under IBC
- Financial Creditors Recourse
- Related Party Implications
- The dirty dozen – ‘Large’ test cases
- Select Case Judgements
- Opportunities for Investors