Bare Act-Bilateral Netting of Qualified Financial Contracts Act 2020 Archives

Section 1 of Bilateral Netting of Qualified Financial Contracts Act, 2020: Short title, extent and commencement

January 15, 2017

The Bilateral Netting of Qualified Financial Contracts Act, 2020 No. 30 of 2020 [28th September, 2020] An Act to ensure […]

Section 1 of Bilateral Netting of Qualified Financial Contracts Act, 2020: Short title, extent and commencement Read Post »

Section 2 of Bilateral Netting of Qualified Financial Contracts Act, 2020: Definitions

January 14, 2017

The Bilateral Netting of Qualified Financial Contracts Act, 2020 Chapter-I Preliminary Section 2: Definitions. 2. (1) In this Act, unless

Section 2 of Bilateral Netting of Qualified Financial Contracts Act, 2020: Definitions Read Post »

Section 3 of Bilateral Netting of Qualified Financial Contracts Act, 2020: Applicability of Act

January 12, 2017

The Bilateral Netting of Qualified Financial Contracts Act, 2020 Chapter-II Application of Act Section 3: Applicability of Act. 3. The

Section 3 of Bilateral Netting of Qualified Financial Contracts Act, 2020: Applicability of Act Read Post »

Section 4 of Bilateral Netting of Qualified Financial Contracts Act, 2020: Powers of authority

January 11, 2017

The Bilateral Netting of Qualified Financial Contracts Act, 2020 Chapter-II Application of Act Section 4: Powers of authority. 4. The

Section 4 of Bilateral Netting of Qualified Financial Contracts Act, 2020: Powers of authority Read Post »

Section 5 of Bilateral Netting of Qualified Financial Contracts Act, 2020: Enforceability of netting

January 10, 2017

The Bilateral Netting of Qualified Financial Contracts Act, 2020 Chapter-II Application of Act Section 5: Enforceability of netting. 5. (1)

Section 5 of Bilateral Netting of Qualified Financial Contracts Act, 2020: Enforceability of netting Read Post »

Section 6 of Bilateral Netting of Qualified Financial Contracts Act, 2020: Invocation of close-out netting

January 9, 2017

The Bilateral Netting of Qualified Financial Contracts Act, 2020 Chapter-III Invocation of Close-Out Netting Section 6: Invocation of close-out netting.

Section 6 of Bilateral Netting of Qualified Financial Contracts Act, 2020: Invocation of close-out netting Read Post »

Section 7 of Bilateral Netting of Qualified Financial Contracts Act, 2020: Net amount

January 8, 2017

The Bilateral Netting of Qualified Financial Contracts Act, 2020 Chapter-III Invocation of Close-Out Netting Section 7: Net amount. 7. (1)

Section 7 of Bilateral Netting of Qualified Financial Contracts Act, 2020: Net amount Read Post »

Section 8 of Bilateral Netting of Qualified Financial Contracts Act, 2020: Limitations on powers of administration practitioner

January 7, 2017

The Bilateral Netting of Qualified Financial Contracts Act, 2020 Chapter-IV Limitations on Powers of Administration Practitioner Section 8: Limitations on

Section 8 of Bilateral Netting of Qualified Financial Contracts Act, 2020: Limitations on powers of administration practitioner Read Post »

Section 9 of Bilateral Netting of Qualified Financial Contracts Act, 2020: Power to amend Schedules

January 6, 2017

The Bilateral Netting of Qualified Financial Contracts Act, 2020 Chapter-V Miscellaneous Section 9: Power to amend Schedules. 9. (1) If

Section 9 of Bilateral Netting of Qualified Financial Contracts Act, 2020: Power to amend Schedules Read Post »

Section 10 of Bilateral Netting of Qualified Financial Contracts Act, 2020: Provisions of this Act to override other laws

January 6, 2017

The Bilateral Netting of Qualified Financial Contracts Act, 2020 Chapter-V Miscellaneous Section 10: Provisions of this Act to override other

Section 10 of Bilateral Netting of Qualified Financial Contracts Act, 2020: Provisions of this Act to override other laws Read Post »

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