NDA Series on Insolvency and Bankruptcy Code: Recent Jurisprudence, Issues and Proposed Amendments – Part II

Wednesday, May 02, 2018

SESSION: 4:00 PM TO 5:30 PM (IST)

INTRODUCTION

In the first of the series of webinars on the Insolvency and Bankruptcy Code, 2016 (“Code”), the panel discussed the background to the Code and highlighted certain key issues that the courts and tribunals have interpreted so far. The panel dealt with the important challenges and takeaways from the resolution process of the 12 accounts listed by the RBI. Specifically, the panel discussed the disqualifications in submission of a resolution plan and further discussed the treatment of guarantors to corporate debtors during an insolvency resolution process.

A link to the webinar is available here.

We cordially invite you to be a part of the second interactive webinar on May 02, 2018 on further issues and likely changes to the Code.

Focus Area

Some of the areas under the Code which might require changes and will be discussed in detail are as follows:

  1. Liquidation value and fair value, maximizing returns for lenders/investors
  2. Decision making by committee of creditors and whether there should be a dilution of the requirement for decisions to be taken by a super majority
  3. Timeline for submission of a bid and whether a bid can be revised after submission

Flow of the session

04:00 PM – 05:15 PM :

PANEL DISCUSSION

05:15 PM – 05:30 PM :

Q&A

Speakers

MEMBERS, INSOLVENCY AND BANKRUPTCY LAW TEAM, NISHITH DESAI ASSOCIATES

VYAPAK DESAI

Leader, International Litigation & Dispute Resolution Practice

Nishith Desai Associates

Vyapak Desai leads the International Litigation & Dispute Resolution Practice at Nishith Desai Associates. Vyapak is also a Senior Attorney in the Corporate and Securities Practice group at the firm. Vyapak is a Co-chair- Council of MCIA, Director of CIArb India Branch. He is listed on SIAC Panel of Arbitrators, LCIA Database of Arbitrators and BVI IAC Panel of Arbitrators.

SIMONE REIS

Leader, Private Equity & Mergers & Acquisitions

Nishith Desai Associates

Simone is the Co-Head of Mergers & Acquisitions practice and Corporate Governance practice at the firm. Simone’s practice focuses on mergers and acquisitions, private equity and venture capital investments, domestic and international, and has advised a wide spectrum of clients, across several sectors.

KARAN KALRA

Leader, Private Equity & Mergers & Acquisitions

Nishith Desai Associates

Karan is a senior member of the M&A and Private Equity practices at Nishith Desai Associates. He also co-heads the firm’s banking finance practice. Karan focuses largely on domestic and cross border M&As, fund investments, structured finance transactions and on providing regulatory and general corporate advice.

ARJUN GUPTA

Member, International Litigation & Dispute Resolution Practice

Nishith Desai Associates

Arjun Gupta is a Member of the International Litigation & Dispute Resolution Practice at Nishith Desai Associates. He represents clients in a wide-range of services with a special focus on cutting edge cross-border and complex litigations and international commercial arbitrations. He is also an integral member of the Insolvency and bankruptcy practice.

ABHINAV HARLALKA

Member, Private Equity & Mergers & Acquisitions

Nishith Desai Associates

Abhinav Harlalka is a senior member of the Mergers & Acquisitions and Private Equity Practice at Nishith Desai Associates. He advises domestic and global private equity funds in private equity and private debt investments.