PANEL DISCUSSION on Pre-Pack and Liquidation under IBC

Date & Time:
January 28, 5.00pm To 7.00pm
Add to Calendar 28-01-2021 Asia/Kolkata
The venue:
Babubhai Chinai Committee Room, 2nd Floor, IMC Bldg, IMC
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Event Description :

The Ministry of Corporate Affairs has issued a White Paper on Pre-Packaged Insolvency Resolutions Scheme. The aim of the proposal is to aid the insolvency framework and cut the cost and time of the resolution process. While there is no specific statutory definition, a pre-packaged will allow the creditor and the debtor to informally work on a resolution without the involvement of a court or a tribunal. The plan, if the parties agree, can be presented to the adjudicating authority for approval. It is a hybrid of the informal and formal insolvency process and can be applied even before a default.

In this background IMC Chamber of Commerce and Industry in association with IP Foundation is organising a Panel Discussion to discuss on aforesaid Scheme and issues faced during liquidation.

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Officer In Charge:

Anita Naik

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