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This book focuses on detailed commentary on Corporate Insolvency Resolution Process and Liquidation and does touch upon fast track process, voluntary liquidation, Insolvency of Financial Service Providers and Personal Guarantors.
Though the Insolvency and Bankruptcy Code, 2016 forms the nucleus, the research focuses on CIRP and Liquidation processes.
In brief, this is a practical book on the subject which aims at being the handbook for those who deal with corporate Insolvency process.
As stated earlier, the code needs to be read with regulations to gain insights on each sub process which together combine and procreate the entire ecosystem. Every chapter of this book furnishes a table showing sections of the code featuring and coordinates the same with corresponding regulations as well as rules analogous thereto (if any).
Insolvency and Bankruptcy Code 2016 has flourished to become one of the most dependable commercial regime thanks to multiple landmark judgements that have expanded the dynamics to develop in to a comprehensive legal system and thus, no research work with regard to IBC can possibly blossom without reference to case laws. This book includes various important case verdicts since inception of the Code till end of June 2020.
Book Structure:
Division – I is divided in 6 parts and has covered Detailed Commentary on Corporate Insolvency Resolution Process, Liquidation, Fast Track Corporate Insolvency, Voluntary Liquidation and other relevant topics.
Division - II has covered the relevant Forms related to CIRP, Liquidation & Voluntary Liquidation and Rules & Regulations, Forms related to Fast Track Corporate Insolvency, Personal Guarantors to Corporate Debtors and Insolvency & Liquidation Proceedings of Financial Service Providers.
Highlights :
About the Author:
Name: Soumitra Lahiri, Insolvency Professional
Academic Qualifications:
M.Com., FCA, CMILT, PhD., Insolvency Professional.
Professional Experience:
Soumitra Lahiri has nearly four decades of professional experience which includes over two decades of overseas exposure. He has worked in various types of industries and held senior level positions in multiple business houses both in India and abroad.
Rehabilitation of financially distressed units has been one of the core areas of expertise of Mr. Lahiri.
Author became an Insolvency Professional in the year 2017 and has been involved with number of insolvency as well as liquidation matters in the capacity of Resolution Professional / Liquidator.
Soumitra Lahiri, promoted a firm by the name LNB Insolvency Professionals LLP which facilitates advisory services on insolvency matters as well as provides support services pertaining to CIRP and Liquidation Process.
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