IBC (Insolvency & Bankruptcy Code 2016) - IBC Laws

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All about Indian Insolvency Laws

A new web-based resource is available to assist the professionals practicing in the area of insolvency and bankruptcy, company liquidation, merger & acquisition, valuation etc. to provide up2date information such amended laws and regulations, NCLTs, NCLAT, High Courts, Supreme Court judgments, IBBI’s & MCA’s circulars & Notifications, articles, guide and a platform where they can share his ideas and discuss about the subject matter.

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We provide legal database on Indian Insolvency Laws which helps in your legal research and opinion framing.

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Bare Acts, Regulations, Rules, Notifications, Circulars and other legal contents are available here.

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Advance search and filter function to find any case law on the basis of Court/Forum, Act, subject, section and more functions.

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Category wise dashboard such as Corporate Resolution, Winding Up, Liquidation, Personal Guarantors and many more.

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Topic wise Commentary containing laws and judicial pronouncement with summary of relevant case laws.

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"IBC Laws has become synonymous with the practice of IBC. The speed and accuracy with which it puts up the judgments and also hosts articles on topics and issues is indeed commendable. The journey towards achieving something is never easy! The path chosen by IBC Laws is arduous. It is fraught with competition and challenges and what will keep it going and perhaps also set it apart is, in my opinion, when it competes with itself! And each day, with proper planning and vision to implement, it emerges out to be better and better. Someone has rightly said that even the best can become better. Wishing the vibrant team, all good luck! Keep walking!"

Adv CS Dr. Mamta Binani Past National President (2016) of The ICSI & India's First Registered Insolvency Professional

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Our Testimonials

“IBC Laws has become synonymous with the practice of IBC. The speed and accuracy with which it puts up the judgments and also hosts articles on topics and issues is indeed commendable. The journey towards achieving something is never easy! The path chosen by IBC Laws is arduous. It is fraught with competition and challenges and what will keep it going and perhaps also set it apart is, in my opinion, when it competes with itself! And each day, with proper planning and vision to implement, it emerges out to be better and better. Someone has rightly said that even the best can become better. Wishing the vibrant team, all good luck! Keep walking!”

Adv CS Dr. Mamta Binani

Past National President (2016) of The ICSI & India's First Registered Insolvency Professional

Hon’ble Prime Minister of India

“Towards this end, we have initiated far-reaching legal reforms. Over a thousand archaic laws have been scrapped. We have enacted a comprehensive Insolvency and Bankruptcy Code, 2016, implemented the National Company Law Tribunals….

Further, in harmony with the Bankruptcy Code, we have amended the SARFAESI and DRT Acts this year to suit the changing credit landscape and augment ease of doing business.”

Shri Narendra Modi

Hon’ble Prime Minister of India, On 23rd October, 2016

Quotes!

“Breach of promise is no less an act of insolvency than a refusal to pay one’s debt.”

Shri Mahatma Gandhi

Father of the Nation

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Chapter	Topic	Content
CH-2: General & Definitions
		Short Note on Insolvency and Bankruptcy Code, 2016 (IBC, 2016)
		Dispute and Existence of a Dispute
		Operational Debt and Operational Creditor
		Persons who may initiate Corporate Insolvency Resolution Process(CIRP)
		Analysis provisions of Limitation Act, 1963 with respect to Insolvency and Bankruptcy Code, 2016
CH-3: CIRP
	Topic-1 : CIRP Application & Withdrawal
		Analysis of Minimum amount of default under Section 4 of IBC
		Procedure of filing application by Financial Creditor before NCLT under Section 7 of the IBC
		Procedure of filing application by Operational Creditor before NCLT under Section 8 & 9 of the IBC
		Initiation of CIRP by corporate applicant under Section 10 of the IBC
		Analysis of withdrawal of CIRP proceeding pursuant to settlement under Section 12A of Insolvency and Bankruptcy Code, 2016 (IBC)
	Topic-2 : Declaration of moratorium and public announcement
		Declaration of moratorium and public announcement [Section 13, 14 & 15 of the IBC]
		All about the Moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016 including judicial pronouncements
	Topic-3 : Appointment and tenure of IRP & RP
		Appointment and tenure of Interim Resolution Professional and Resolution Professional [Section 16, 22 & 27 of the IBC]
		Role of an Interim Resolution Professional and Resolution Professional
	Topic-4 : Management of affairs by IRP
	Topic-5 : Receive and collate all the claims submitted by creditors
	Topic-6 : Committee of creditors and meetings
		Constitution of Committee of Creditors under Section 21 of IBC
		Role of Committee of Creditors & It’s Commercial Wisdom
		Analysis of provisions on Authorised Representative under IBC
		Meetings & Voting of the Committee of Creditors under Section 24 of the IBC
	Topic-7 : RP to conduct the CIRP and manage the operations
		Resolution Professional to conduct the CIRP and manage the operations of the Corporate Debtor
		Insolvency Resolution Process Costs & Essential supplies
		To identify preferential transactions under Sec. 43 of the Code in any CIRP, step to be taken by a Resolution Professional
	Topic-8 : CIRP and Resolution Plan
		Information Memorandum, Expression of Interest, Request for Resolution Plans & Resolution Plans
		Role of the prospective resolution applicant
		Persons not eligible to be Resolution Applicant [Sec. 29A of IBC]
		Submission and approval of the Resolution Plan
		Liability for prior offences under Section 32A of the IBC
CH-4 : Liquidation Process
	Topic-1 : Initiation of Liquidation
	Topic-2 : Appointment & Remuneration of Liquidator
		Appointment & Remuneration of Liquidator under Sec. 34 of IBC
		Powers and duties of Liquidator under Sec. 35, 37 of IBC
	Topic-3: Liquidation Estate
	Topic-4: Public announcement, Preliminary report, Early dissolution and Progress reports under Liquidation
	Topic-5: Claims under Liquidation
	Topic-6: Preferential, undervalued and Extortionate Credit Transactions
		Preferential, Undervalued and Extortionate Credit Transactions under Sec. 43, 44, 45, 46, 47, 48, 49, 50, 51 of IBC
		To identify preferential transactions under Sec. 43 of the Code in any CIRP, step to be taken by a Resolution Professional
	Topic-7: Secured Creditor in Liquidation Proceedings
	Topic-8: Realisation of Assets in Liquidation Proceedings
	Topic-9: Proceeds of Liquidation and Distribution of Proceeds
CH-5 : Personal Guarantor
		Chapter VIII Indemnity and Guarantee of Indian Contract Act, 1872
		All about Personal Guarantor under IBC Part-I
		All about Personal Guarantor under IBC Part-II
		Insolvency Resolution Process Regulation
		Bankruptcy Process for PG Regulation
		IRP Application to AA Rules
		Bankruptcy Process Application to AA Rules

Insolvency | Banking | Corporate Laws

India's #1 platform for Insolvency Practitioners

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All about Indian Insolvency Laws

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Summary & Details Analysis

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