Resolution of Stressed Assets with Special Emphasis on Insolvency and Bankruptcy Code, 2016 for Bankers

The Present Publication is the 2020 Edition, authored by Mr. M.R. Umarji, published exclusively by Taxmann for the Indian Institute of Banking and Finance. The contents of the book are as follows:

• Module A: Overview of Credit Recovery and Insolvency Laws in India
• Credit Recovery Laws for Banks
• Evolution of Insolvency and Bankruptcy Code
• Module B: Evolution & Practice of Insolvency and Bankruptcy Code
• Bankruptcy Laws – Cross Country Experience
• Structure of the IBC
• Module C: Corporate Insolvency Resolution Process (‘CIRP’)
• Initiation of CIRP
• Commencement of CIRP
• Roles and Duties of CIRP
• Catalyzing Successful Resolution Plan
• Fast Track CIRP
• Failure of CIRP or Business: Liquidation & Voluntary Liquidation
• Module D: Insolvency Resolution Process for Non-Corporate Entities
• Insolvency Resolution Process for Individuals and Firms
• Module E: Other Important Provisions/Matters
• Adjudication, Appeals, Offences & Penalties
• Regulatory & Miscellaneous Aspects
• Important Case Laws
• Appendix
• Appendix I | Application to Adjudicating Authority: Formats for Applications
• Appendix II | RBI Circular on Prudential Framework for Resolution of Stressed Assets, Dated – 07-06-2019